$XLM
Short Squeeze Strikes Hard!
A colossal $121K short position on $XLM was liquidated at $0.428, sending shockwaves through the market! The bulls are in control, and the shorts are feeling the pressure as this rally shows no signs of slowing down.
Why This Is Crucial:
Massive Short Liquidation: This dramatic liquidation indicates growing bullish momentum that could push $XLM higher in the coming hours.
Volume Surge: Watch for a continuation in volume to validate the breakout above $0.430.
XLM Analysis:
Next Resistance: $0.440
Support Zone: $0.415
Momentum: Rapid upward movement
With the shorts getting squeezed out, xlm could soar even further. Will it break through the next resistance, or is a pullback imminent? Stay alert!