$CRV / USDT – Capitulation Wick Into Reversal Area
Over $16.9K in CRV longs liquidated at $0.375. That move was pure panic selling.
Structure Insight:
The liquidation candle swept equal lows and instantly rebounded, which is a textbook bullish liquidity grab.
Trade Plan (Long Setup):
Entry zone: $0.372 – $0.378
Stop Loss: $0.358
Targets:
TP1: $0.405 first reaction
TP2: $0.435 range high
TP3: $0.472 breakout leg
Market Sentiment:
When DeFi tokens flush like this and immediately stabilize, they often lead alt rallies. This is early positioning before public FOMO.
CRV
0.3527
+0.80%