$CARV Long Liquidation: $2.3421K at $0.16004
Long traders on $CARV were forced to exit as price dropped below a key support level, triggering stop losses and accelerating the downside move. Buyers failed to defend the zone, allowing sellers to take short-term control.
Liquidation Type: Long
Liquidated Amount: $2.3421K
Liquidation Price: $0.16004
EP: $0.1598
TP: $0.1555 → $0.1505
SL: $0.1640
Market Outlook:
This long liquidation signals weakness above the $0.160 area. As long as price stays below the liquidation zone, downside pressure can continue toward lower support levels. Any bounce without strong volume is likely to face selling.
Pro Tip: After a long flush, don’t rush entries. Let price stabilize and reclaim support first patience protects capital.
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