$SOPH Short Liquidation
Short positions were wiped out as SOPH surged above a key resistance level, triggering stop losses and fueling bullish momentum.
Liquidation: Short
Liquidated Amount: $3.1423K
Liquidation Price: $0.01595
Entry (EP): $0.0158
Take Profit (TP): $0.0161
Stop Loss (SL): $0.0157
Market Outlook:
This liquidation highlights strong buyer dominance. Holding above the liquidation level indicates potential continuation toward higher liquidity zones, while minor pullbacks may occur as brief retests before further upward movement.
