1000SHIB Short Liquidation at $0.0130 — Watch for Follow-Through

I see a $133K short position liquidated on 1000SHIB at $0.0130. That forced buying likely pushed the price higher briefly and increased short-term volatility.

I view this as a bullish micro-event rather than a structural shift — shorts getting squeezed can spark rallies, but they often fade without sustained demand.

I will watch for follow-through: sustained volume and higher highs would justify a bullish stance, while quick retracement or low volume would signal a reversal or chop.