$XTZ (Tezos) Liquidated Short: $81.1K at $1.742
Market Pulse
$XTZ saw a signlificant short liquidation, with $81.1K wiped out as the price rallied to $1.742.
This suggests strong bullish momentum, with bears forced out of their positions.
Increased buying pressure has likely contributed to this breakout.
• Next Move:
If XTZ maintains its upward momentum, it could test resistance at $1.78.
However, a retracement to $1.70 might occur before the next leg up.
Pro Tip:
Watch volume levels for confirmation.
A sustained breakout above $1.75 could signal a longer-term trend reversal.
#MarketInTheGreen #BitwiseFiles10ETFs #AIAndGameFiBoom #ThanksgivingBTCMoves #MarketInTheGreen