#ReboundRally
**Breaking: $XRP Short Position Liquidated for $120K at $2.322**
A massive short position worth $120K was liquidated at $2.322, highlighting the intense bullish momentum behind $XRP. This liquidation adds to the pressure on bearish traders as $XRP inches closer to a potential breakout. The market is buzzing, and traders are gearing up for the next significant move.
### Key Details:
- **Liquidation Price**: $2.322
- **Liquidated Amount**: $120K
- **Market Sentiment**: Strong bullish momentum
### What’s Happening?
This large liquidation suggests a short squeeze in play, forcing bearish traders to cover their positions, further fueling the rally. $XRP is now approaching a critical psychological level at $2.35. Breaking this barrier could unlock further upside potential.