Technical analysis of the top 3 losers

1. $CVC (0.1749, -15.55%)

• Trend: CVC has seen a significant drop of 15.55%, signaling bearish momentum. This suggests that traders may be exiting positions quickly, possibly due to negative news or overall weakness in the market.

• Support & Resistance: The next key support level could be around $0.15, where buyers might step in to slow the decline. Resistance is likely at $0.20, a psychological level it may struggle to reclaim in the short term.

• Outlook: CVC needs to find support around the $0.15 level to prevent further losses. If it bounces back, watch for resistance around $0.20-$0.22, but if it fails to hold, further downside may be expected.

2. $ARK (0.4678, -12.71%)

• Trend: ARK’s 12.71% drop suggests weakness in the current trend. Such a decline could indicate that the token is in a downtrend phase, potentially driven by negative sentiment or sell-offs.

• Support & Resistance: Support might be found near $0.45, a level where buyers may attempt to catch the dip. Resistance is likely at $0.50, which might be difficult to surpass in the short term.

ARK needs to stabilize around $0.45 and regain momentum if it is to reverse the downtrend. A rejection at $0.50 could see further declines, especially if volume remains low.

3. $CATI (0.4722, -12.13%)

• Trend: CATI has experienced a 12.13% decrease, pointing to bearish activity and potential further declines. This might be a correction from a previous rally

• Support & Resistance: Support is likely around $0.45, while resistance will be faced at $0.50. A failure to hold support could push the price even lower, possibly toward the $0.40 mark.

• Outlook: CATI needs to hold above $0.45 to avoid further downside risk. If buyers step in, it could test $0.50 resistance

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