🔴 Short Liquidation Alert — $MELANIA
MELANIAUSDT Perp is trading at $0.1127, up +22.87% in the last 24 hours. The rapid price increase is a classic sign of a short squeeze.
Support: $0.1000–$0.1040
Resistance: $0.1200–$0.1240
Next Target: $0.1300, then $0.1400
If the price holds above $0.1040, the squeeze could propel it toward $0.1200. A drop below $0.1000 would indicate a reversal, targeting $0.1300 and $0.1400. The key to a continued recovery is a reclaim of $0.1240.
For now, momentum favors caution until the market confirms direction.
