Crypto Express

06/13 03:01

Will short liquidations above $0.0000132

Will short liquidations above $0.0000132 catalyze a price surge?

The SHIB/USDT liquidation heatmap reveals dense short liquidation zones between $0.0000132 and $0.0000140. These clusters represent high-leverage traders vulnerable to forced exits. 

Therefore, if SHIB manages to break above this range, it could trigger a cascade of short liquidations, adding fuel to upward momentum. 

Given the token’s current positioning near resistance and strong fundamentals, this zone becomes critical. 

A breakout above it would not only trap shorts, but also likely attract fresh buyers anticipating the squeeze.Ultimately, SHIB’s fundamentals have rapidly shifted as aggressive token burns, and massive exchange outflows alter supply dynamics. 

The price remains trapped in a descending channel, but it now tests its upper boundary. 

Additionally, reduced volatility, strong retail participation, and nearby short liquidation zones build a strong case for a breakout. 

If bulls maintain control, SHIB could rally beyond $0.0000132 and trigger rapid momentum. However, failure to clear resistance could prolong the sideways trend.

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