$CRV Short Liquidation Alert
A $10.183K short position on CRV was liquidated at $1.16,
causing a sharp rise in price as short sellers were forced to cover.
What It Means:
Price Surge: The liquidation triggered buying pressure, pushing CRV higher.
Bullish Momentum: With the market leaning bullish, CRV could see further gains.
What to Watch Next:
1. Support Levels: Keep an eye on $1.15 and $1.12 for potential support.
2. Resistance Levels: If CRV continues to rise, watch for resistance near $1.20.
3. Volume Trends: High volume could confirm continued upward momentum.
4. Market Sentiment: Watch for any news or developments that could impact CRV’s price.
CRV’s bullish momentum is strong after the liquidation—expect further price action as buying pressure continues!