$SSV Token Alert: Major Long Liquidation at $9.83 – What's Next?
A significant long liquidation worth $1,194.2 at $9.83 on SSV has triggered shockwaves through the market. This sudden flush indicates a critical turning point—either a deeper drop is coming, or a potential bounce is brewing from support zones. Here’s a complete technical breakdown to position smartly and stay ahead of the next big move:
Technical Analysis of $SSV
Trend Overview:
SSV has shown signs of weakness after failing to hold above $10. A sharp sell-off led to the liquidation zone near $9.83, where trapped long positions were wiped out. The current sentiment is cautious, with a high potential for volatility.
Buy Zone (Accumulation Area):
Primary Buy Zone: $9.20 – $9.55
This zone aligns with previous support and shows signs of demand returning after the liquidation.
Secondary Buy Zone (High-Risk, High Reward): $8.60 – $8.90
If SSV breaks below $9.20, this is where deeper buying interest could come in.
Targets (Upside Potential):
Target 1: $10.20 – Testing psychological resistance
Target 2: $11.00 – Breakout confirmation
Target 3: $12.30 – Bullish momentum continuation if volume supports the move
Stop-Loss (Risk Management):
Stop Loss: Below $8.50
A break under this level could trigger further downside pressure. It's essential to preserve capital in case of a trend reversal.
SSV Strategy Insight:
The liquidation event has opened a clean opportunity for smart money accumulation. Traders looking to long $SSV should wait for consolidation in the $9.20–$9.55 range. If the price reclaims $10 with strong volume, it could signal the start of a bullish wave targeting $12 and beyond.
Watch how the market reacts in the next 12–24 hours. Reclaiming $10 with volume could flip sentiment and spark a fresh rally.
