๐ $CVX /USDT โ Rebound with Upward Potential! ๐
๐ Current Price: $4.795 (+15.68%)
Convex Finance (CVX) has recovered strongly from its low of $4.139, gaining momentum with a current price near $4.795. Resistance at $4.949 is within reach as bullish activity picks up.
๐ Key Levels to Monitor:
Immediate Resistance: $4.949
Support Levels: $4.655
Target Levels:
Short-Term: $5.00
Next Leg Higher: $5.20
Stop-Loss: $4.600
๐ก Analysis: CVX is showing renewed buying pressure, signaling a possible test of the $4.949 resistance. A breakout above this level could lead to further upside, targeting $5.20. Monitor volume closely for confirmation of sustained bullish momentum.
๐ Keep CVX on your watchlistโthis rally could offer more gains!