Market Alert $STG Short Liquidation
Massive Short Liquidation Detected
Token Stargate Finance
Liquidation Amount $6,338.3 USD
Liquidation Price $0.3797
What Happened
A notable short position on STG was liquidated as bullish pressure pushed the price to $0.3797 leaving short-sellers on the losing end
This indicates strong buying interest at these levels
Why Does This Matter
Bullish Momentum Buyers are driving the price up, signaling potential continuation of the upward trend.
Volatility Surge Liquidations often trigger rapid price movements, creating opportunities for agile traders
Sentiment Shift Bears are losing ground, which could lead to a more bullish sentiment across the market
STG Price Dynamics
Current Price
24H Change
Resistance Levels Look for barriers near $0.38 and $0.40.
Support Levels Monitor $0.37 as a key zone.