1000PEPE $105K Short Liquidation at $0.0112 — Bullish Signal
I see the $105,000 short liquidation in 1000PEPE at $0.0112 as a bullish liquidity event that removed a chunk of selling pressure and likely triggered short covering.
This can drive near-term upside if volume and price follow through, but the setup is still risky — I’d watch confirmation and manage position size tightly.
Analysis
Recommendation
Consider a cautious, size-limited buy on confirmed follow-through or a buy-on-weakness approach after a controlled pullback; use tight stops and monitor liquidity closely.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.