🚨 Trading Signal Alert: $CVX /USDT
$CVX /USDT is showing a significant bearish trend, currently trading at $4.172 (-17.27%) over the last 24 hours. The coin hit a 24H Low of $4.033 and is rebounding slightly from this level.
Entry Price:
Buy near $4.05 - $4.10 if price stability or bullish reversal patterns emerge.
Key Levels:
Resistance Levels: $4.58, $4.75, $5.00
Support Levels: $4.03, $3.95
Take-Profit Targets:
1. $4.50
2. $4.70
3. $5.00
Stop Loss:
Set a stop loss below $3.90 to minimize risk.
Cautionary Note:
RSI is showing 33.42, indicating the market is nearing oversold territory. Watch for a potential breakout if buyers regain control. Monitor volume closely for signs of reversal or continued downward momentum.
