$CVC Consolidation with Potential Upside
The $CVC /USDT pair is currently trading at $0.1740 (-0.40%), stabilizing after a recent drop. Buyers are stepping in, creating the potential for a short-term reversal.
Suggested Entry Zone:
Enter within the range of $0.1720 - $0.1750, positioning for a potential rebound.
Target Levels:
Target 1: $0.1780
Target 2: $0.1820
Stop Loss:
Place a stop loss below $0.1690, to protect against further downside.
Market Observation:
The 1-hour chart shows signs of a base forming around $0.1700, with bullish candles indicating accumulation. A move above $0.1750 could confirm a push toward $0.1820, with volume dynamics being a key factor to watch for confirmation of the breakout.