🟢 #BIRB Short Liquidation Alert
$6,698 wiped at $0.20395
BIRB just gave the bears a little wake-up call.
At $0.20395, about $6.7K in short positions got liquidated. Traders were expecting the price to drop… but the market had other plans.
When shorts get liquidated, exchanges force-buy the coin to close positions, creating upward pressure. Even smaller caps like BIRB can see noticeable moves from modest liquidations.
💥 Why This Matters
$6.7K isn’t massive… but for BIRB, it’s enough to shift short-term momentum.
It tells us:
Bears were leaning into this zone expecting a drop
Liquidity was stacked nearby
That pressure got absorbed
Basically — the shorts got squeezed, and the market said: “Not today.”
👀 What Could Happen Next?
BIRB is at a decision point now.
🟢 Bullish Scenario
If BIRB:
Holds above $0.2035–$0.204
Gains volume
Then we could see:
➡️ Push toward $0.207–$0.209
➡️ Possibly challenge $0.21
Small cap momentum can spike fast when buyers defend higher levels.
🔴 Bearish Scenario
If price falls back below $0.203:
This may have just been a quick stop hunt
Price could consolidate around $0.201–$0.202
Then reset for the next move
Fakeouts are common in smaller-cap coins.
🧠 Smart Approach
Don’t chase green candles blindly
Watch for healthy pullbacks
Keep an eye on volume for confirmation
Manage risk carefully
Liquidations can spark moves… but real strength shows when buyers defend key zones.
BIRB just flexed on the shorts.
Now it’s waiting — will it build momentum… or was this just a quick squeeze? 🚀📊
#BIRB #Crypto #ShortSqueeze #Trading #Liquidation
