$STX moved just enough to shake out a few shorts, taking $1.5835K at $0.3167.
It’s like spilling a little water from a full glass sudden, noticeable, but not catastrophic. Traders who were confident in a drop got reminded that momentum can be fickle, and timing matters as much as direction.
Short liquidations like this show how even small shifts can trigger reactions when positions are tight. It’s a quiet nudge from the market, asking participants to reassess risk and pace. Sometimes the smallest moves tell the clearest story.
Did anyone else notice how quickly this one unwound?
STX
0.2621
-2.31%