⚡ Crypto Market Buzz: Verge ($XVG ) Gets Rocked!
A $2.1K long liquidation just hit xvg at $0.00584 — a shakeout that rattled traders and cleared weak positions.
These liquidations often set the stage for sharp moves, as stronger hands prepare for the next wave.
🔥 What’s Next?
If $XVG can defend the $0.0058 support zone, bulls could step in quickly.
A breakout may send Verge on a fresh rally, but losing this level could invite more selling pressure first.
🎯 Price Targets (Upside):
TG1: $0.0062 – first recovery checkpoint.
TG2: $0.0068 – strong resistance zone.
TG3: $0.0075 – potential breakout target if momentum builds.
💡 Pro Tip for Traders:
Patience pays. Wait for confirmation of support holding before jumping in. Entering too early in volatile markets can lead to quick liquidations — instead, scale in gradually and lock profits at targets.