$XAI | Short Liquidation at $0.01615
$XAI triggered a short liquidation at $0.01615, confirming a failed bearish thesis and an aggressive short squeeze. When shorts are forcibly exited, their covering orders become immediate buy pressure, often catalyzing continuation rather than reversal.
If price maintains acceptance above the liquidation zone and pullbacks remain shallow, bullish control remains dominant.
EP: $0.01590 – $0.01620
TP 1: $0.01760
TP 2: $0.01940
TP 3: $0.02250
SL: $0.01510
As long as price holds above $0.01560, downside pressure remains structurally weak.
XAI
0.01582
-3.53%