Massive Liquidation Alert!
$CRV : An enormous $305K short position just got liquidated at $1.080, showing strong buyer dominance in the market!
What Does This Indicate?
This liquidation could be a trigger for a short squeeze, pushing the price even higher.
If bulls maintain this momentum, the next resistance level at $1.10 could come into play.
On the flip side, a failure to hold above $1.063 might result in a minor retracement toward $1.05.
Suggested Move:
• For bulls: Consider entering on pullbacks with clear targets near resistance.
• For bears: Wait for overbought signals before making any short moves.
Opportunities come and go—stay ready to act!
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