$CVX
/USDT: Market Pullback Update Alert ๐ฏ ๐ฅ ๐
$CVX is currently at $5.357, down 3.96% in the last 24 hours. Hereโs how to approach this DeFi retracement:
Targets ๐ฏ
1. Bounce Back Above $5.50
๐ฏ $5.70 | ๐ฏ $6.00 | ๐ฏ $6.30
Stop Loss: $5.20
2. Support Zone at $5.30
๐ฏ $5.40 | ๐ฏ $5.50 | ๐ฏ $5.60
Stop Loss: $5.10
3. Breakdown Below $5.30
๐ฏ $5.00 | ๐ฏ $4.80 | ๐ฏ $4.60
Stop Loss: $5.40
DeFi Indicators
RSI: At 50, indicating neutral momentum and potential for both upward and downward movement.
MACD: Flattening, showing indecision, but a bearish trend could emerge.
Bollinger Bands: Price near the lower bandโwatch for potential rebound or further decline.
CVX is experiencing a pullbackโlook for key levels of support or resistance to guide your entry strategy!
#CryptoReboundStrategy #SUIHitsATH #BIOOpenonBinance #BinanceAlphaAlert