CVC/USDT Technical Analysis: Bullish Momentum 🟢
CVC is trading at 0.1566, up by 4.68%, with a 24-hour high of 0.1588 and a low of 0.1347. The price is showing bullish momentum after a recent upward move, testing near resistance levels.
Key Trading Levels
🔹 Long Signal:
Entry: Above 0.1580
Take Profit Targets:
0.1600
0.1620
0.1650
Stop Loss: 0.1530
🔹 Short Signal:
Entry: Below 0.1530
Take Profit Targets:
0.1500
0.1480
0.1450
Stop Loss: 0.1580
Depth Info
Order Book Depth: Resistance at 0.1593, buying pressure at 0.1558.
Trade Setup & Strategy
Bullish Scenario: A break above 0.1580 could lead to a further rally towards 0.1600 or higher.
Bearish Scenario: A drop below 0.1530 might open up potential for a move toward 0.1500 or lower.
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