$CRV Liquidated Short: $594K at $0.653
• Market Overview:
CRV has just experienced a massive short liquidation of $594K at $0.653, signaling a sharp upward move.
This kind of liquidation typically reflects an unexpected surge in buying pressure, forcing shorts to close their positions and fueling the rally further.
Next Move:
$CRV could potentially target the $0.70 resistance next if the momentum continues, driven by the liquidated shorts.
Watch for a possible retracement to $0.63 for better entry points if the price consolidates.
Strategic Insight:
If CRV holds above the $0.65 mark, it’s likely to continue pushing higher.
Any pullbacks toward support levels could provide safer re-entry points before the price potentially moves higher.
Keep an eye on the volume and market sentiment to confirm bullish continuation.
#ThanksgivingBTCMoves #AIAndGameFiBoom #BinanceBNSOLPYTH #BitwiseFiles10ETFs #MarketInTheGreen
