$CLV  The chart represents the technical analysis of $CLV /USDT on the 12-hour timeframe. Here's the detailed breakdown:

Key Observations:

Symmetrical Triangle:

The price is forming a symmetrical triangle, signaling potential breakout scenarios.

Currently, the price is consolidating near the triangle's apex, increasing the likelihood of a sharp move soon.

Harmonic Pattern:

A potential harmonic structure is forming, indicating a bullish setup if the breakout happens to the upside.

Support and Stop Loss:

Support Zone: 0.10177 USDT – A critical area where price may bounce.

Stop Loss: 0.06871 USDT – Marked below the lower structure to manage risks.

Resistance Levels:

Immediate breakout above the triangle could lead to a significant move toward the higher targets.

Target Levels:

Target 1: 0.30144 USDT (Projected breakout level with a potential 296% gain from current levels).

Target 2: 0.40321 USDT (Further extension point based on harmonic analysis).

Scenarios:

Bullish Breakout:

If the price breaks above the symmetrical triangle, the targets of 0.30144 USDT and 0.40321 USDT are achievable.

The bullish momentum could accelerate due to the tight consolidation.

Bearish Breakdown:

If the price falls below 0.10177 USDT, the bearish scenario may play out.

A break below the 0.06871 USDT stop-loss level indicates invalidation of the bullish setup.

Recommendations:

Entry Strategy: Look for a confirmed breakout above the triangle for a safer entry.

Stop Loss: Place it below 0.06871 USDT to limit downside risks.

Take Profit:

TP1: 0.30144 USDT.

TP2: 0.40321 USDT.

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