$UXLINK Market Update
Short Position Liquidated: $141K at $0.898
A major liquidation just took place as short sellers on $UXLINK were forced to cover their positions at $0.898.
This is a clear sign of aggressive buying pressure pushing the price higher, potentially signaling the start of a bullish rally.
Next Steps for $UXLINK?
With this liquidation, we might see the price continue to rise, but the $0.90 - $0.92 range could act as a resistance point.
Bulls will need to break through this level for a strong upward move.
👉 Strategy:
For a long trade: Wait for price confirmation above $0.92 for a potential breakout.
For a pullback: If price retraces, keep an eye on support around $0.85 to consider entering a long position at a lower level.
Trade carefully and manage your risk!
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