Bullish Breakout Setup – $CVC /USDT
📍 Symbol: $CVC (Civic)
🔻 Long Liquidation Detected: $7.25K at $0.1247 — leverage washed out, often a signal that a reversal could be brewing.
📊 Market Overview
CVC has just endured a wave of long liquidations near $0.1247, clearing out overexposed positions. The coin is currently holding near this zone, indicating potential for a rebound if demand steps in and buyers reclaim control.
📈 Trade Setup
Entry Options:
Aggressive Entry: $0.125 – $0.128 (with tight stop)
Breakout Confirmation: Above $0.131 with strong candle and volume
Stop-Loss:
🔻 Below $0.1215 – just under the liquidation low to minimize downside risk
Profit Targets:
🎯 Target 1: $0.134
🎯 Target 2: $0.139
🎯 Target 3: $0.146 – previous resistance and profit-taking zone
Key Technical Levels
Support Zone: $0.1215 – $0.1247
Breakout Trigger: $0.131
Upper Resistance: $0.146
Sentiment & Strategy
The liquidation event has likely reset the market and removed weaker hands. If CVC breaks and holds above $0.131, this could ignite a short squeeze or technical rally toward the $0.14+ range. Volume confirmation will be key.
📍 Next Move
Monitor for bullish engulfing candles or volume spike near $0.131. Entry on confirmation offers solid R/R ratio. Ideal for short-term momentum plays or a low-cap breakout setup.
Always use proper risk management. This is a market view, not financial advice.
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