๐จ MRVL JUST LIT ANOTHER FIRE UNDER THE SHORTS
๐ข $105K SHORT LIQUIDATED
๐ Liquidation Level: $301.02
The squeeze is getting serious. ๐ฅ
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.
โ๏ธ LEVELS I'M WATCHING
๐ฅ $301.02 โ Liquidation / momentum zone
๐ $305โ$310 โ Breakout territory
๐ฏ $320โ$325 โ Next upside objective
๐ฅ $330 โ Major psychological + recent-high zone
๐ก๏ธ $290โ$295 โ First support
โ ๏ธ Below $285 โ Momentum starts cooling
๐ MY VIEW: BULLISH โ BUT EXTREMELY VOLATILE
If MRVL can hold above $300 and turn that level into support, I would favor another push toward $320 โ $325, with $330+ possible if Investor Day guidance exceeds expectations.
But there's a catch. ๐
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.
๐ฏ My preferred setup:
$300 hold โ $305 breakout โ retest โ $320+
Don't chase the first vertical candle.
$105K liquidated is the fuel.
Investor Day is the catalyst.
$300 is the battlefield. โก
#BinanceLaunchesBinanceIntelligence #EvernorthXRPTreasuryCompletesSPACMerger #ETHUp70%InQ3ButLiquidityFalls #EthStakingExitQueueHits2026High #FedOctoberHoldOdds82.3%
๐ข $105K SHORT LIQUIDATED
๐ Liquidation Level: $301.02
The squeeze is getting serious. ๐ฅ
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.
โ๏ธ LEVELS I'M WATCHING
๐ฅ $301.02 โ Liquidation / momentum zone
๐ $305โ$310 โ Breakout territory
๐ฏ $320โ$325 โ Next upside objective
๐ฅ $330 โ Major psychological + recent-high zone
๐ก๏ธ $290โ$295 โ First support
โ ๏ธ Below $285 โ Momentum starts cooling
๐ MY VIEW: BULLISH โ BUT EXTREMELY VOLATILE
If MRVL can hold above $300 and turn that level into support, I would favor another push toward $320 โ $325, with $330+ possible if Investor Day guidance exceeds expectations.
But there's a catch. ๐
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.
๐ฏ My preferred setup:
$300 hold โ $305 breakout โ retest โ $320+
Don't chase the first vertical candle.
$105K liquidated is the fuel.
Investor Day is the catalyst.
$300 is the battlefield. โก
#BinanceLaunchesBinanceIntelligence #EvernorthXRPTreasuryCompletesSPACMerger #ETHUp70%InQ3ButLiquidityFalls #EthStakingExitQueueHits2026High #FedOctoberHoldOdds82.3%