⚠️ XPL Under Heavy Pressure! 🔴
A long squeeze just struck—around $11.75K in long positions were liquidated near $1.54.
This shows that many traders who were betting on a rise were forced to sell, adding extra downward push. 💥
Support zone: Watch the $1.50–$1.52 area closely. If that floor breaks, next soft spot could be near $1.45.
Volume signal: Spiking sell volume often means more fast moves ahead.
Market mood: After a long liquidation, the market can stay shaky until strong buyers return.
If selling power keeps up, XPL could drift toward $1.45 in the short term.
If new buyers jump in, a quick bounce back to about $1.58 is possible—this coin can move fast both ways.
XPL just faced a sharp flush of long traders.
Stay alert, manage risk carefully, and keep an eye on those key support levels—the next few candles could be fast and fierce.