$CVC /USDT Technical Analysis Update 📉

Current Price: $0.1872 (-12.81%)

24h High: $0.2500

24h Low: $0.1743

24h Volume (CVC): 312.00M

24h Volume (USDT): 65.46M

1-Hour Analysis:

$CVC /USDT is showing a decline of 0.95% in the last hour, currently holding steady at $0.1872. The price is struggling near its 24h low of $0.1743, indicating a bearish sentiment in the short term.

Key Levels:

Resistance: $0.2500 (Strong resistance point to watch for reversal)

Support: $0.1743 (Price has tested and bounced off this level, but further breakdown could signal more downside)

Market Sentiment:

The market is in a bearish phase, with lower highs and lower lows. Watch for a potential breakout if the price manages to recover above $0.2000. On the other hand, a breakdown below $0.1743 could trigger further downside pressure.

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