🔥 $CVX LIQUIDATION ALERT — VOLATILITY IS BUILDING
🔴 #CVX Long Liquidation: $1.4235K at $1.71772
This liquidation around $1.7177 shows that leveraged longs are getting squeezed. Now the key question is whether $CVX can stabilize above the liquidation zone and attract fresh buyers.
📍 Support: $1.70–$1.72
A hold here could give bulls the base they need for another push. Losing $1.70 would weaken the setup and could trigger further downside.
🚧 Resistance: $1.78–$1.82
A clean breakout above this zone with strong volume could shift momentum back toward the buyers.
🎯 Next Target: $1.85
If momentum accelerates, $1.95 becomes the next major upside area.
💡 Pro Tip: Don’t chase the first candle after liquidation. Watch for a reclaim of resistance, increasing volume, and confirmation before entering. Keep leverage controlled because liquidation clusters can create sharp reversals in both directions.
⚠️ Levels are technical reference points, not guaranteed outcomes. Manage risk before chasing momentum.
$CVX #Fed rate hike odds drop #World Liberty Financial investment #XRP faces critical support test #Jupiter launches Lend v2 #Nvidia-SK AI data center partnership
