$XMR triggered a notable short liquidation event, forcing bearish traders to cover positions as price pushed higher and bullish momentum accelerated

The $1.42K short squeeze confirms growing buyer demand and signals that sellers are losing control of the short-term trend

EP

325.00 - 331.00

TP

TP1 338.00

TP2 350.00

TP3 370.00

SL

318.00

Liquidity was taken above recent highs, clearing short positions and creating additional buy-side pressure across the market

The recent squeeze suggests buyers are aggressively reclaiming control, while the removal of bearish leverage supports the potential for further upside continuation

As long as price remains above the reclaimed breakout zone, the bullish structure stays intact and favors continuation toward higher resistance levels

A decisive break above 338.00 could attract fresh momentum traders and accelerate the move toward the next liquidity targets

The short squeeze reinforces positive market sentiment and highlights renewed bullish participation in $XMR

Let’s go $XMR