#Stacks (STX) just saw a $6.7K short liquidation at $0.24687 — a small spark, but one that can shift short-term momentum.
This move tells us sellers were leaning bearish, but price pushed up enough to force exits. That forced buying creates brief upside pressure, often acting as an early signal before a larger move.
Right now, STX is at a reaction zone. If volume builds from here, this could turn into a continuation push where more shorts get trapped and price climbs toward the next resistance. Even small liquidations can stack and evolve into a stronger squeeze.
However, if momentum fades, this could be nothing more than a liquidity grab. Price may pull back, trapping late entries.
What matters now:
Watch volume, candle strength, and whether more liquidations follow.
For now, this is early bullish pressure — not confirmation yet. The next move will decide if STX breaks out or cools off.
$STX