Are short sellers getting too comfortable near $0.25?
According to the Liquidation Heatmap, short positions are piling up just above $0.2517. Short Liquidation Leverage has been rising, while long liquidations are already flushed below $0.24.
This imbalance suggests the market is heavily skewed toward downside speculation. However, if OM were to unexpectedly spike, it could trigger a short squeeze.
That said, in the absence of buying pressure, shorts remain firmly in control for now.
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