$XRP Short Squeeze in Action!
A massive $138K short position was liquidated at $1.665, signaling a surge in bullish pressure for #XRP .
This move highlights buyer dominance, potentially setting the stage for a strong breakout.
Key Market Signals:
The liquidation underscores heavy resistance from shorts, but bulls are taking control.
Increased volatility is likely as traders position themselves around key price levels.
What’s Next for $XRP ?
• Upside target: A sustained move above $1.675 could propel XRP toward $1.70 or higher.
• Downside risk: A dip to $1.645-$1.650 might act as a support zone for further accumulation.
Trading Game Plan:
• For buyers: Look for entries near $1.660 with a stop-loss below $1.645, aiming for the $1.70 region.
• For sellers: Wait for confirmation of rejection at $1.675 before considering short positions.
The market is heating up—stay focused and trade with discipline!
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