🚀 SHIB Just Defied Gravity – Here's Why You Need to Pay Attention!
$SHIB just pulled off something WILD. Massive derivatives liquidation – almost 5,000% more longs wiped out than shorts – and the price went GREEN anyway?! 🤯 This isn't typical meme coin behavior.
Typically, a cascade of long liquidations signals further downside, but Shiba Inu is rewriting the rules. Currently trading around $0.00000721, up 2.12% today, $SHIB isn't showing signs of weakness. It’s a fast move UP, followed by a strong hold – not the slow bleed we usually see.
What’s different? Shorts barely felt the pain. This wasn’t a short squeeze; it was a rapid clearing of overleveraged longs, followed by spot buyers stepping in to claim the discount.
If $SHIB holds $0.0000072, expect derivatives traders to see this as a reset and prepare for another push higher. But beware – a break below $0.000007 could invalidate the rally and trigger a deeper correction. Don't get caught on the wrong side!
#ShibaInu #SHİB #MemeCoin #Crypto 🚀
