$NIL Short Liquidation: $3.3915K at $0.07769
Short sellers on $NIL were forced to exit as price pushed higher, triggering a clean short liquidation. Bears failed to defend the level, and forced buying added fresh momentum to the upside move.
Liquidation Type: Short
Liquidated Amount: $3.3915K
Liquidation Price: $0.07769
EP: $0.07680
TP: $0.07950 → $0.08200
SL: $0.07490
Market Outlook:
This short liquidation confirms buyers stepping in above the recent range and shifting momentum against shorts. As long as price holds above the liquidation zone, upside pressure remains active with room for continuation toward higher resistance. Minor pullbacks are healthy, but overall structure currently favors the bulls.
Pro Tip: After shorts get liquidated, wait for a pullback into support. Calm, planned entries beat chasing fast moves every time.
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