$CVC /USDT: Breakout Setup in Progress!💯🔥
$CVC is currently trading at $0.1798, experiencing a minor pullback of -1.96% on the 30-minute chart. Despite the slight correction, the price remains within a strong consolidation phase, indicating a potential breakout scenario.
The current resistance zone lies at $0.1825, and a break above this level could propel CVC toward the next target at $0.1900. Immediate support rests at $0.1750, serving as a crucial defense zone to watch for potential weakness.
Suggested Action Plan:
• Entry: Consider entering near $0.1790 for optimal risk-reward.
• Target 1: $0.1825
• Target 2: $0.1900
• Stop-Loss: Place a stop-loss at $0.1745 to manage downside risk.
Stay vigilant as a decisive move could unfold soon, offering strong momentum-driven opportunities!