$XVG Price Action Alert!

Verge (XVG) just went through a long liquidation worth $3.37K at $0.00467, showing that leveraged buyers got shaken out. Such events usually add volatility and clear weak positions before the next move.

Key Levels to Track:

• Support: $0.0045 → holding here keeps the structure intact.

• Resistance: $0.0049 → reclaiming this zone could spark bullish continuation.

Outlook:

The liquidation highlights selling pressure, but XVG is hovering near critical support. If buyers defend this area, a rebound toward resistance is likely. A failure here could open the door to deeper pullbacks.

Trade Setup:

• Buy Zone: $0.00455 – $0.00470

• Target 1: $0.00485

• Target 2: $0.00505 (if breakout follows)

• Stop Loss: Below $0.00445 to minimize risk.

Insight: Watch momentum closely—if XVG breaks above $0.0049 with strong volume, expect momentum traders to jump in fast.

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