$CVX /USDT Market Update 🚀
Current Price: $5.126 (+30.47%)
Convex Finance (CVX) has surged dramatically, rallying from a low of $3.852 to a peak of $5.160, showing a clear bullish trend with increasing volume.
Key Levels to Watch:
📈 Resistance: $5.160 (recent high)
📉 Support: $4.799
Trading Strategy:
A confirmed breakout above $5.160 could push prices toward $5.500.
Consider partial profit-taking near $5.150 to secure gains.
Place a Stop Loss at $4.800 to manage downside risk effectively.
CVX's momentum suggests strong bullish continuation, but monitor for resistance reactions near $5.160.