technical analysis and trade signals for $CVC /USDT:

Current Price: $0.1789

24h High: $0.1823

24h Low: $0.1347

Price Action & Trend:

The price has seen a bullish move of +27.88% over the last 24 hours, indicating strong upward momentum.

The recent low of $0.1347 provided a solid support level, while the high of $0.1823 acts as immediate resistance.

Key Support & Resistance Levels:

Immediate Support: $0.1347 (Strong support zone)

Immediate Resistance: $0.1823 (First resistance level)

Technical Indicators:

RSI: Currently, RSI is at 70, which indicates that the price is nearing overbought conditions. A small pullback or consolidation could occur before further upside.

MACD: The MACD line is above the signal line, suggesting bullish momentum. However, if the MACD begins to flatten or reverse, a possible correction could occur.

Trade Signals:

1. Target Level 1 (Short-Term Target): $0.1850

Action: Consider entering a long position around the current price range near $0.1789 and target $0.1850. Use the $0.1347 support level as your stop loss.

2. Target Level 2 (Mid-Term Target): $0.2000

Action: If price crosses $0.1823 resistance, it could aim for $0.2000, where more profit-taking might occur. Place a stop loss at $0.1700.

3. Target Level 3 (Long-Term Target): $0.2200

Action: In the event of sustained bullish momentum, a longer-term target of $0.2200 can be considered. Place stop loss around $0.1500 to secure profits in case of a reversal.

Trade Momentum:

Momentum is currently bullish, but watch out for any signs of overextension on the RSI or MACD flattening.

Pullbacks to the support zone around $0.1700 - $0.1750 can be used as buying opportunities, with the expectation of a retest of the $0.1850 - $0.2000 resistance levels.