$STX Short Liquidation: $5.238K at $0.38774
Short sellers were squeezed as STX pushed above the $0.388 level, invalidating bearish positioning built around the prior compression range. The move showed clean continuation with limited rejection, indicating shorts were forced to cover into real buying pressure rather than a brief liquidity sweep.
Entry (EP): $0.38420
Take Profit (TP): $0.42100
Stop Loss (SL): $0.37580
Market Outlook:
$STX is holding a constructive short-term bullish posture after reclaiming this liquidation zone. As long as price remains above the $0.384–$0.388 support area, upside continuation toward higher resistance remains likely. Momentum is positive but volatility remains elevated strict risk management is essential.
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