$STX Long Liquidated: $135K at $2.2160
A massive $135K long position was liquidated at $2.2160 in the #Stacks market, signaling a shift towards bearish pressure. This move highlights growing market uncertainty.
Key Insights:
Liquidation event indicates a sudden shift in momentum
$2.150 is a critical level to watch for potential support
Expect continued volatility with sharp price fluctuations
What’s Next for $STX :
If $2.150 holds, we could see a brief bounce towards $2.25.
A break below $2.2160 could open the door for a deeper decline, possibly to $2.1320.
Stay prepared for quick moves and adjust your strategy accordingly.
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