$SSV just saw a long liquidation of $2.49K at $3.77996. This pullback is healthy—it helps reset overextended positions and allows the market to gather strength for the next move. I’m watching closely because these liquidations often highlight key areas of interest.
Trade Setup:
Entry Zone: $3.75 – $3.80
Target 1: $3.92
Target 2: $4.05
Stop Loss: $3.65
This zone is strong because it aligns with previous support from mid-November and sits near the 0.618 Fibonacci retracement of the last bullish swing. Price has reacted here before, showing buyers are ready to defend it.
I’m seeing them building strength around $3.77, and if this level holds, we could see a clean push toward $3.92 and $4.05. Watching volume and reaction here will be crucial—if buyers step in, it could confirm a solid base for the next upward move.
