Here’s the breakdown:
🟢 $KAIA Short Liquidation
Liquidation Amount: $2.3246K
Price: $0.05499
This means a short position was liquidated, so the market moved upward past the trader’s margin, forcing the position to close.
A $2.32K short squeeze at $0.05499 indicates upward pressure on KAIA in the short term, and could trigger further bullish momentum if buyers continue to push above this level.
I can also highlight nearby resistance and support zones for KAIA to see where price might react next. Do you want me to do that?
KAIA
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