$TAO just delivered a sharp upward movement, forcing $1.8123K in short positions to be closed at $191.76. Sellers betting on a correction were caught off guard, as the price rose more than expected, triggering liquidations and adding fuel to the momentum.
When short sales are pressured like this, it often creates a rapid increase in volatility. As positions are forced to repurchase, this buying pressure can further accelerate the rise. For the TAO, this movement signals strong short-term demand and confidence from buyers willing to defend higher levels#TrumpCanadaTariffsOverturned #USNFPBlowout #CPIWatch $TAO

TAO
195.4
+3.55%