$GIGGLE short sellers' dreams were shattered when a $5.03K short liquidation hit around $74.77. Those who had bet on the decline were thrown out in one jolt.

As soon as the price gained momentum upwards, the shorts' stop losses were triggered, and forced buying began. This is the moment when the market operates on liquidity rather than emotions. A slight upward movement increased the pressure to such an extent that the shorts had no way out except to exit.

Such liquidations often signal that the market crowd was on the wrong side. When too many people become confident in one direction, the market likes to surprise them. $GIGGLE did just that.

Remember, liquidation is not just a loss; it is a lesson from the market. Overconfidence with leverage often becomes expensive. Smart traders always understand the risk first, then make their entry.

Today, shorts are burned 🔥

Who will be next? 👀

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