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UFO

1000PEPE Short Squeeze: $200K Liquidated at $0.0110

I observed a $200,000 short liquidation on 1000PEPE at $0.0110, which likely forced short-covering and produced immediate upside pressure.

I view this as a bullish intraday catalyst but not definitive trend confirmation — the move can be volatile and prone to retracements.

I will watch on-chain flows, exchange volume, and orderbook depth for follow-through before committing significant size.

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Analysis

A $200k forced short close at $0.0110 implies short-covering created buying pressure; without sustained volume or structural support, the rally may be temporary and susceptible to profit-taking or a q...

Recommendation

Watch for confirmation — avoid chasing the spike. Consider a small position on a clear pullback or wait for sustained volume and higher lows before buying.

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.

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