šØ MRVL JUST LIT ANOTHER FIRE UNDER THE SHORTS
š¢ $105K SHORT LIQUIDATED
š Liquidation Level: $301.02
The squeeze is getting serious. š„
MRVL has surged sharply as investors focus on today's Investor Day, where management is expected to outline its AI infrastructure, custom-silicon and connectivity growth strategy. Recent reporting says Marvell expects custom-silicon revenue to more than double next year.
āļø LEVELS I'M WATCHING
š„ $301.02 ā Liquidation / momentum zone
š $305ā$310 ā Breakout territory
šÆ $320ā$325 ā Next upside objective
š„ $330 ā Major psychological + recent-high zone
š”ļø $290ā$295 ā First support
ā ļø Below $285 ā Momentum starts cooling
š MY VIEW: BULLISH ā BUT EXTREMELY VOLATILE
If MRVL can hold above $300 and turn that level into support, I would favor another push toward $320 ā $325, with $330+ possible if Investor Day guidance exceeds expectations.
But there's a catch. š
MRVL has already rallied aggressively, and expectations around AI/custom silicon are elevated. Strong guidance could fuel another squeeze; disappointing commentary could trigger a sharp profit-taking reversal.
šÆ My preferred setup:
$300 hold ā $305 breakout ā retest ā $320+
Don't chase the first vertical candle.
$105K liquidated is the fuel.
Investor Day is the catalyst.
$300 is the battlefield. ā”
#BinanceLaunchesBinanceIntelligence #EvernorthXRPTreasuryCompletesSPACMerger #ETHUp70%InQ3ButLiquidityFalls #EthStakingExitQueueHits2026High #FedOctoberHoldOdds82.3%
š¢ $105K SHORT LIQUIDATED
š Liquidation Level: $301.02
The squeeze is getting serious. š„
MRVL has surged sharply as investors focus on today's Investor Day, where management is expected to outline its AI infrastructure, custom-silicon and connectivity growth strategy. Recent reporting says Marvell expects custom-silicon revenue to more than double next year.
āļø LEVELS I'M WATCHING
š„ $301.02 ā Liquidation / momentum zone
š $305ā$310 ā Breakout territory
šÆ $320ā$325 ā Next upside objective
š„ $330 ā Major psychological + recent-high zone
š”ļø $290ā$295 ā First support
ā ļø Below $285 ā Momentum starts cooling
š MY VIEW: BULLISH ā BUT EXTREMELY VOLATILE
If MRVL can hold above $300 and turn that level into support, I would favor another push toward $320 ā $325, with $330+ possible if Investor Day guidance exceeds expectations.
But there's a catch. š
MRVL has already rallied aggressively, and expectations around AI/custom silicon are elevated. Strong guidance could fuel another squeeze; disappointing commentary could trigger a sharp profit-taking reversal.
šÆ My preferred setup:
$300 hold ā $305 breakout ā retest ā $320+
Don't chase the first vertical candle.
$105K liquidated is the fuel.
Investor Day is the catalyst.
$300 is the battlefield. ā”
#BinanceLaunchesBinanceIntelligence #EvernorthXRPTreasuryCompletesSPACMerger #ETHUp70%InQ3ButLiquidityFalls #EthStakingExitQueueHits2026High #FedOctoberHoldOdds82.3%