$CVC
/USDT Technical Analysis & Trade Signal
Current Price: $0.1768
Momentum: Bullish (+24.59% in 24h)
Trend: Strong recovery after a dip, supported by high volume.
Trade Setup:
Support Level: $0.1647 (key buy zone).
Resistance Levels (Targets):
🎯 Target 1: $0.1845
🎯 Target 2: $0.1920
🎯 Target 3: $0.2050
Stop Loss: $0.1555 (below recent lows).
Momentum Indicators:
RSI: Bullish but nearing overbought (~70+).
MACD: Strong bullish crossover with expanding histogram.
Volume: Rising, indicating strong trader interest.
Recommendation:
Short-Term Traders: Consider entry near $0.1768, aiming for Target 1 or 2.
Mid-Term Holders: Look to hold for Target 3 if momentum continues.
Maintain tight stop losses as volatility is high.