🎯 $CVX /USDT Technical Analysis: Targets in Focus!🎯🔥

📈 Current Price: $3.75 (-27.40%)

📊 Key Levels:

Support: $3.67

Resistance: $4.50

Targets for CVX/USDT:

1️⃣ Target 1: $4.10

Reason: Minor resistance level with potential for a quick rebound if volume spikes.

Chance: Likely in the short term as selling pressure subsides.

2️⃣ Target 2: $4.50

Reason: Major resistance, aligning with the 4H EMA. Breakout here may trigger stronger bullish momentum.

Chance: Moderate, depending on market sentiment and buying interest.

3️⃣ Target 3: $5.00

Reason: Psychological level and previous 24H high. A breach could signal a reversal trend.

Chance: Achievable if volume sustains and BTC holds steady.

💡 Observations:

A reversal pattern may emerge if $3.67 support holds.

Bulls must defend current levels to aim for recovery.

Keep an eye on BTC and macro news for broader market impact.

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