ID Bears Get Crushed In Short Liquidation Burst
Momentum shifted rapidly for $ID as short sellers faced a strong squeeze with $4.1365K liquidated at $0.05216. This indicates that traders betting on price decline were caught off guard by sudden upward pressure. Short liquidations usually create rapid bullish spikes as positions are forcefully closed driving price higher.
The surge highlights growing buying demand and aggressive accumulation near the recent trading zone. Such squeezes often ignite temporary momentum rallies but sustainability depends on continued volume support. Traders now observe whether ID can maintain upward strength or if this was a liquidity grab before market stabilization.
ID
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