$CRV Long Liquidation Just Hit!
A $6,420 long position got liquidated at $0.642 — the market just wiped out some heavy leverage!
What’s going on?
This liquidation could be part of a bigger shakeout to clear out weak hands. It may signal either a downward correction or an opportunity to reload at lower levels.
What’s next for $CRV ?
Watch the $0.63–$0.64 range — key support zone here, a bounce could lead to a move back to $0.65–$0.67
If it breaks down, the next solid support lies around $0.60
A reclaim of $0.65+ with volume could trigger a bullish reversal
Next move $CRV :
Be patient. Wait for price action confirmation. If $0.64 holds strong, a bounce might be in the cards. If weakness continues, consider waiting for a better entry around $0.60.
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