đš #MRVL SHORTS JUST GOT SQUEEZED HARD! đą
A $105K short position has been liquidated at $301.02 â and this one lands right around a major technical level.
đ„ Liquidation: $105K Short
đ Trigger: $301.02
âïž Major Resistance: $301â$305
đ„ Next Resistance: $321â$322
đĄïž Support: $287 â $280
Marvell is riding powerful AI-infrastructure momentum. The company just raised its fiscal 2028 revenue forecast to roughly $20B, above Wall Street expectations, sending shares sharply higher.
Technical levels also place $301.06 as a significant resistance cluster, followed by $321.69. The broader technical picture remains strongly bullish, although volatility is elevated.
đŻ SIGNAL DESK OUTLOOK
đą BULLISH BREAK: If MRVL can clear $301â$305 and hold, the short squeeze could extend toward $321â$322.
đĄ COOL-DOWN: Failure to establish above $301 could trigger profit-taking toward $287, then $280.
đ Bias: Bullish while above $287
đ„ Trigger: $305 breakout
đŻ Upside zone: $321â$322
â ïž Risk level: Below $280
Bottom line: The $105K liquidation is more than just a headline â it shows shorts are being forced out while the AI-growth narrative remains strong. A clean break above $305 could turn this squeeze into another momentum leg.
â ïž Liquidation events indicate positioning pressure, not guaranteed price direction. Manage risk and avoid chasing vertical moves.
#BinanceLaunchesBinanceIntelligence #StrategyMarketCapSurpassesRumble #FedOctoberHoldOdds82.3% #ETHUp70%InQ3ButLiquidityFalls #EvernorthXRPTreasuryCompletesSPACMerger
A $105K short position has been liquidated at $301.02 â and this one lands right around a major technical level.
đ„ Liquidation: $105K Short
đ Trigger: $301.02
âïž Major Resistance: $301â$305
đ„ Next Resistance: $321â$322
đĄïž Support: $287 â $280
Marvell is riding powerful AI-infrastructure momentum. The company just raised its fiscal 2028 revenue forecast to roughly $20B, above Wall Street expectations, sending shares sharply higher.
Technical levels also place $301.06 as a significant resistance cluster, followed by $321.69. The broader technical picture remains strongly bullish, although volatility is elevated.
đŻ SIGNAL DESK OUTLOOK
đą BULLISH BREAK: If MRVL can clear $301â$305 and hold, the short squeeze could extend toward $321â$322.
đĄ COOL-DOWN: Failure to establish above $301 could trigger profit-taking toward $287, then $280.
đ Bias: Bullish while above $287
đ„ Trigger: $305 breakout
đŻ Upside zone: $321â$322
â ïž Risk level: Below $280
Bottom line: The $105K liquidation is more than just a headline â it shows shorts are being forced out while the AI-growth narrative remains strong. A clean break above $305 could turn this squeeze into another momentum leg.
â ïž Liquidation events indicate positioning pressure, not guaranteed price direction. Manage risk and avoid chasing vertical moves.
#BinanceLaunchesBinanceIntelligence #StrategyMarketCapSurpassesRumble #FedOctoberHoldOdds82.3% #ETHUp70%InQ3ButLiquidityFalls #EvernorthXRPTreasuryCompletesSPACMerger