📊 $CVX /USDT: +12.60% PRICE SURGE! 📈
🚀 Long Setup:
Entry Zone: $4.60–$4.80
Targets:
T1: $5.00
T2: $5.50
T3: $6.00
Stop-Loss: $4.30
📉 Short Setup (Reversal):
Entry Zone: $5.00–$5.20
Targets:
T1: $4.50
T2: $4.20
Stop-Loss: $5.30
📌 Analysis:
24-Hour Range: $4.19–$5.16
Volume: $14.41M USDT
$CVX is showing strong bullish momentum after a 12.60% gain in 24 hours. Sustained buying pressure could push prices beyond $5.00, targeting $6.00 in the mid-term.
Watch for resistance around $5.00; a pullback may present re-entry opportunities near $4.50.
🔑 Key Metrics:
Trend Strength: Bullish (Watch for continuation above $5.00)
Support Levels: $4.50, $4.20
Resistance Levels: $5.00, $5.50
💡 Pro Tip: Convex Finance (CVX) is closely tied to DeFi activity—monitor overall DeFi trends for insights on momentum continuation. High 24h volume suggests strong market interest.
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