$XPIN Short Liquidation: $2.1857K at $0.00290
Short sellers on $XPIN were forced to exit as price pushed higher, triggering another clean short liquidation. Bears failed to hold the level, and forced buying added fresh momentum to the upside move.
Liquidation Type: Short
Liquidated Amount: $2.1857K
Liquidation Price: $0.00290
EP: $0.00285
TP: $0.00305 → $0.00320
SL: $0.00278
Market Outlook:
This short liquidation confirms buyers maintaining control above the recent range. As long as price holds above the liquidation zone, upside pressure remains active with room for continuation toward higher resistance. Minor pullbacks are healthy, but structure continues to favor the bulls.
Pro Tip: Multiple short liquidations often signal trend strength. Wait for a pullback into support patience beats chasing every time.
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