$XTZ Liquidated Short: $81.1K at $1.742

Overview:

Tezos (XTZ) just saw a powerful short squeeze with $81.1K in liquidations at $1.742.

This indicates a strong bullish movement as bears who were betting against the coin are being forced out of their positions.

This surge could be driven by increased demand or positive market sentiment surrounding XTZ.

Next Steps:

$XTZ is now targeting $1.75 as its next resistance point.

If it can break this level, further gains toward $1.80 are possible.

Watch for support at $1.70; any pullbacks toward this area could be seen as an opportunity to enter for the next leg up.

Pro Tip:

If $XTZ continues to hold above $1.70, the bullish trend could continue.

Keep an eye on market volume for confirmation and be prepared for a potential breakout above $1.75.

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