Today Top Gainer technical analysis and trade signals for the coins $CVX
, $ZRO
, based on their current performance:
1. CVX (Convex Finance)
Last Price: $4.72
24h Change: +40.81%
Technical Analysis:
Trend: Strong uptrend, breaking past key resistance levels.
Support Level: $4.20 (recent low)
Resistance Level: $5.00 (psychological resistance)
RSI: 70 (indicating the asset is in overbought territory, caution advised for new entries)
MACD: Bullish crossover, showing positive momentum.
Volume: High, indicating strong buying interest.
Trade Signals:
Target Levels:
Target 1: $4.90 (short-term profit-taking level)
Target 2: $5.20 (medium-term resistance level)
Target 3: $5.50 (long-term breakout)
Momentum:
The current momentum is bullish but with overbought signals on the RSI. A pullback might occur, so watching for a dip to support levels before re-entering could be wise.
2. ZRO (Zero)
Last Price: $6.48
24h Change: +33.29%
Technical Analysis:
Trend: Bullish continuation, pushing through significant resistance.
Support Level: $6.00 (recent low)
Resistance Level: $7.00 (potential resistance zone)
RSI: 65 (neutral to slightly bullish)
MACD: Bullish, but losing some strength as price approaches resistance.
Trade Signals:
Target Levels:
Target 1: $6.80 (approaching resistance)
Target 2: $7.00 (major resistance zone)
Target 3: $7.40 (breakout level)
Momentum:
Bullish momentum, but with potential resistance at $7.00. If the price breaks above this level, the momentum could continue strongly. Watch for potential consolidation around $6.80 to $7.00 before further moves.
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