Guys $CARV is setting up for a possible short here 📉
Entry: 0.0338 - 0.0340
🎯 TP1: 0.0336
Price is trading below its key moving averages while Open Interest jumped over 5% on the hourly. With over 63% of positions stuck in longs, downside pressure is building up.
If we get a clean break below support at 0.0336, lower levels could come fast.
Watching closely 👀
Entry: 0.0338 - 0.0340
🎯 TP1: 0.0336
Price is trading below its key moving averages while Open Interest jumped over 5% on the hourly. With over 63% of positions stuck in longs, downside pressure is building up.
If we get a clean break below support at 0.0336, lower levels could come fast.
Watching closely 👀
