$XVG /USDT – The Bulls Are Waking Up After a $19K Shakeout!
Long Liquidation Alert: $19,254 wiped out at $0.007523 – the weak hands just got flushed!
Now it’s time for smart money to move in.
The Verge (XVG) just experienced a major long liquidation, pushing price into a potential prime accumulation zone. The market just gave us a golden opportunity hidden in fear and chaos.
What’s cooking now? Let’s break it down:
Technical Analysis – $XVG /USDT
Buy Zone (Accumulation Area):
$0.007200 – $0.007500
This is where strong hands are loading. Price just dipped into this zone post-liquidation. Watch for confirmation before entry.
Targets:
1. Target 1: $0.008200 – minor resistance, expect partial profit here
2. Target 2: $0.008950 – major breakout level
3. Target 3: $0.010300 – bullish reversal confirmed if we hit this
Stop-Loss:
$0.006850 (Below major support and liquidation zone – gives room for healthy volatility without getting stopped early)
Risk-Reward Ratio: 1:3+ (High potential for short-term scalpers and mid-term swing traders)
Why It Matters:
Liquidations shake out weak hands
Entry near a strong technical support
If volume confirms, $XVG could explode from this zone
Watch for:
Bullish divergence on RSI
Volume spike confirmation
Break above $0.0078 for safer entry