$CLV

/USDT Technical Analysis & Trade Signals

Technical Overview:

Trend: Bearish in the short term (-9.38% in 24h).

Momentum: Weak with decreasing volume, suggesting sellers are dominant.

Support Levels: $0.077 (key 24h low).

Resistance Levels: $0.08339 and $0.085.

Trade Momentum:

RSI (Relative Strength Index): Close to oversold (~30-35), indicating a potential bounce if demand increases.

MACD (Moving Average Convergence Divergence): Bearish crossover on the 1D chart, signaling further downside risks.

Volume: Declining, hinting at low trader interest in a breakout.

Trade Strategy:

Entry Points:

Aggressive: $0.078 (near support)

Conservative: Wait for a breakout above $0.08339.

Targets 🎯:

1. $0.083: Immediate resistance and retracement level.

2. $0.085: Mid-term key resistance zone.

3. $0.090: Bullish extension if momentum builds.

Stop-Loss:

Place at $0.076 (below 24h low) to limit downside risks.

Momentum Signals:

Bullish divergence in RSI or a significant volume spike may indicate potential recovery.

Watch for sustained moves above $0.083 for confirmation of reversal.

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