Short sellers have just collapsed at $CVC for $0.04269, which tells us that the bears were too confident. When short positions are liquidated, it often contributes to a strong continuation of the upward movement.
EP: $0.0423 – $0.0430 zone
TP:
TP1 $0.0458
TP2 $0.0496
TP3 $0.0550
SL: $0.0401
As long as $CVC remains above the liquidation level of short positions, the upward pressure remains strong. Bulls now control the battlefield.
CVCUSDT
Perp
0.04289
-5.77%