$CVNA **CVNAUSDT Perp** just had a strong pump.
After the Q3 earnings, price jumped from around 63-64 straight up to 69, and is now consolidating near 67.90. The chart shows a big green candle followed by some red ones, and the order book is showing heavier sell pressure.
Big sellers can short from this zone if they want — especially if price rejects again around 68.5-69. Targets can be looked at toward the previous breakout zone.
Trade at your own risk. The market is very volatile.
After the Q3 earnings, price jumped from around 63-64 straight up to 69, and is now consolidating near 67.90. The chart shows a big green candle followed by some red ones, and the order book is showing heavier sell pressure.
Big sellers can short from this zone if they want — especially if price rejects again around 68.5-69. Targets can be looked at toward the previous breakout zone.
Trade at your own risk. The market is very volatile.
