$CVC
Consolidation with Potential Growth
Pair $CVC /USDT is currently trading at $0.1740 (-0.40%), stabilizing after a recent decline. Buyers are starting to enter, creating potential for a short-term reversal.
Suggested Entry Zone:
Enter in the range of $0.1720 - $0.1750, positioning for a potential rebound.
Target Levels:
Target 1: $0.1780
Target 2: $0.1820
Stop-Loss:
Set a stop-loss below $0.1690 to protect against further declines.
Market Observation:
The hourly chart shows signs of base formation around $0.1700, with bullish candles indicating accumulation. A move above $0.1750 may confirm a push towards $0.1820, with volume dynamics being a key factor to monitor for confirming the breakout.
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