$CRV Long Liquidation Alert: $20.754K at $0.894

CRV just experienced a large long liquidation of $20.754K at $0.894. This shows strong selling pressure, but if support holds, we might see an opportunity for a potential price reversal.

Key Levels to Watch:

Buy Zone: $0.880 - $0.900

Look for price stability and signs of a bounce in this range before entering.

Targets:

First Target: $0.920

Second Target: $0.950

Third Target: $1.00

Stop Loss: $0.850

Action Plan:

1. Entry:

Wait for $CRV to stabilize around $0.880 - $0.900.

If the price shows a bounce or starts moving upward, consider entering the trade.

2. Targets:

$0.920: First resistance. Consider taking profits here.

$0.950: Second resistance level, book more profits.

$1.00: Longer-term target, keep an eye on this level for a possible breakout.

3. Stop Loss:

Place your stop loss at $0.850 to minimize losses if the market reverses.

Why It Could Be Bullish:

After the liquidation, if CRV finds support at $0.880 and begins to recover, there could be strong buying momentum.

A break above $0.920 could lead to a continuation towards higher targets.

Final Thoughts:

Always use proper risk management and wait for confirmation before entering. If the price shows signs of recovery, $CRV could offer great potential for gains!

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