$CRV Longs Just Got RUGGED!
That one hurt. Over $1,488 in long positions just got liquidated as $CRV dropped to $0.60. Bulls tried to hold the line — and got absolutely steamrolled.
What happened?
Longs went all in, expecting a bounce…
But the market had other plans.
BOOM — liquidation city.
The Damage:
$1.49K in longs liquidated
Price slammed to $0.6000
Bulls rattled, bears grinning
Why it’s a big deal:
Long liquidations add fuel to the fire — they can trigger even more selling
Traders might turn cautious or flip short
Could either set up a dead cat bounce or open the trapdoor lower
Next moves?
Eyes on $0.58 — if it breaks, things could get nasty
Bulls NEED to reclaim $0.62 to stop the bleeding
Momentum? Tilting bearish… for now
Brutal shakeout or just the beginning of the dump?
One thing’s for sure — $CRV just reminded everyone: this game has no mercy.
