$XLM

Shorts Burned!

A massive short liquidation of $8.6856K took place at $0.39516, signaling a strong surge in bullish momentum for Stellar (XLM).

What Does It Mean?

Bears betting against XLM faced a brutal squeeze as prices pushed higher, forcing short positions to liquidate. This indicates a wave of buying pressure and rising confidence in XLM's rally.

Key Levels to Monitor:

Resistance Zone: $0.40 – Breaking this could ignite a rally toward $0.42.

Support Level: $0.38 – Bulls must defend this to sustain the upward momentum.

📊 Volume Surge: The liquidation highlights intense activity, with buyers dominating the battlefield.

🎯 Potential Upside: A clear break above $0.40 could pave the way for $0.42 or higher.

⚠️ Bearish Risk: Failure to hold $0.38 might signal a correction toward $0.36.

XLM is on fire – don’t miss the action!

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