$XLM Short Liquidation: $1.72K at $0.22597
Short sellers expected XLM to stall, but price pushed higher and triggered liquidations around the $0.226 level. Buyers stepped in with confidence, forcing shorts to exit and shifting momentum back to the upside.
Entry (EP): $0.223 – $0.226
Target (TP): $0.235 – $0.245
Stop Loss (SL): $0.218
Market Outlook:
This short liquidation shows bearish pressure weakening near a key support zone. If XLM holds above the liquidation level, further upside continuation is likely. Strong follow-through could trigger more short covering, while healthy pullbacks would keep the bullish structure intact. Trade patiently and wait for confirmation.
