$CLV /USDT Technical Analysis and Trade Signals
Current Price: $0.08676 (+1.45%)
Trend: Bullish Momentum
Support and Resistance Levels
Immediate Support: $0.08400
Key Support: $0.08000
Immediate Resistance: $0.08950
Key Resistance: $0.09200
Indicators Analysis
RSI (Relative Strength Index): 64 (Near Overbought, still room for upward movement)
MACD (Moving Average Convergence Divergence): Bullish crossover observed, indicating upward momentum.
Volume: High trading activity (180.16M CLV in 24h), supporting bullish sentiment.
EMA Levels:
EMA-20: $0.08500 (Price trading above, confirming short-term bullishness)
EMA-50: $0.08350
Trade Signals
Buy Zone: $0.08500 – $0.08650
Stop Loss: $0.08000
Target 🎯 Levels
1. Target 1: $0.08950
2. Target 2: $0.09200
3. Target 3: $0.09600
Trade Momentum
Short-Term: Bullish, suitable for scalping and intraday trades.
Mid-Term: Bullish breakout expected if price sustains above $0.09000.
Long-Term: Watch for consolidation near $0.09600 for potential further upside.
Pro Tip: Monitor volume and RSI near the resistance levels. If the RSI crosses above 70, expect potential resistance or profit booking. Trade carefully around volatile zones.