🚨 $XLM Shorts Crushed! $6.18K Liquidated at $0.469 🚨
Short sellers just got wiped out at $0.469 for Stellar ($XLM). This liquidation hints that buyers are gaining strength—but what’s next for $XLM? Is it time for a breakout or a pullback?
Here’s the key plan you need:
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Buy Zone
$0.450 - $0.460
This is a strong support range where buyers may step in. If $XLM dips here, it could be a golden chance to grab a position.
Target
First Target (TP1): $0.480
Second Target (TP2): $0.500
Onc breaks $0.469, momentum could push it towards these targets.
Stop Loss
$0.440
If
falls below this level, it could signal weakness, and the bullish setup becomes invalid. Always keep your risk in check.
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Why This Matters? 🧐
Short liquidations often trigger quick price spikes as sellers rush to cover positions.
With shorts out, buyers have room to push higher.
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⚡ Strategy: Watch the $0.450-$0.460 zone closely. If buyers defend this area, we could see a rally toward $0.480 and possibly $0.500.
Will $XLM break $0.469 and fly higher? Or is a pullback coming? Drop your thoughts below! 🚀
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