$XLM Bulls Dominate: $7,422.9 Shorts Liquidated at $0.406!
The $0.406 level turned into a war zone where the bulls crushed short-sellers. A staggering $7,422.9 worth of short positions on #XLM were obliterated, sparking excitement across the market.
🔍 The Setup:
As $XLM gained bullish momentum, traders betting against the rally found themselves cornered. The sharp upward push triggered liquidations, adding fuel to the bullish fire.
📊 Market Snapshot:
Current Price: $XLM is holding strong above $0.406, showing no signs of slowing down.
Trading Volume: Surging, as the liquidation spree draws new players to the market.
Next Resistance: Watch for a test of the $0.415 zone.
💡 Takeaway for Traders:
This wave of short liquidations underscores the risk of fighting against momentum. With bulls in control, xlm could be gearing up for a larger move—are you ready to ride the wave, or will you get caught on the wrong side of history?
Stay sharp—XLM's next move could define the trend!