#CVP/USDT #cvpupdate #CVPUSDT #cvp
Cvp/usdt looking bullish
Cvpusdt buy- 0.1250 to 0.1300
Sl - 0.1050
Tp1 - 0.14
Tp2-0.15
Tp3- 0.16
Tp4- 0.17
And you can hold till 0.20-0.21
Here's a technical analysis of CVPUSDT:
*Current Price:* 0.1369 USDT
*Time Frame:* 4-hour chart
*Trend:* Bullish
*Key Levels:*
- *Resistance:* 0.1450 (previous high)
- *Support:* 0.1200 (previous low)
- *Breakout Target:* 0.1600 (if resistance is broken)
*Indicators:*
- *RSI (14):* 64.15 (neutral)
- *MACD (12, 26):* Bullish crossover
- *EMA (50):* 0.1250 (acting as support)
- *EMA (200):* 0.1000 (acting as strong support)
*Analysis:*
- The price is consolidating between 0.1200 and 0.1450, indicating a potential breakout.
- The RSI is neutral, while the MACD indicates bullish momentum.
- A break above 0.1450 could lead to a short-term rally, while a break below 0.1200 could result in further decline.
- The EMA (200) is acting as strong support, making it a crucial level to watch.
*Trading Strategy:*
- Long: Breakout above 0.1450 with a target of 0.1600
- Short: Breakdown below 0.1200 with a target of 0.1000
Please note that this analysis is based on a 4-hour chart and is subject to change. It's essential to combine this analysis with other time frames and technical/fundamental analysis for a comprehensive view.
