$CVX /USDT Upward Entry signal!🔥💯💰
$CVX /USDT has been on a strong bullish run, with the price surging from around $4.60 to the current level of $5.90. This represents a significant gain of approximately 28% in a short period. The chart shows a clear uptrend, with higher highs and higher lows.
* Current Price: $5.90
* Entry Price: $5.85 (a slight dip from the current price could be a good entry point)
* Resistance Levels:
* $6.00
* $6.20
* Support Levels:
* $5.60
* $5.40
* Take-Profit Targets:
* Target 1: $6.00 (5% profit)
* Target 2: $6.20 (10% profit)
* Target 3: $6.50 (15% profit)
* Stop Loss: $5.60 (3% loss)
Cautionary Note: While the current trend is bullish, it's important to exercise caution and monitor the market closely. If the price breaks below the $5.60 support level, it could signal a potential reversal of the trend. Traders should also watch for any signs of consolidation or a potential breakout above the $6.20 resistance level.
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