$CLV /USDT Analysis: Bullish Breakout Potential

ANIME
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0.03888
-18.06%

Current Price: $0.06237

24H Range: $0.05346 - $0.07200

$CLV has shown a sharp upward movement, reaching its 24-hour high of $0.07200 before retracing. The RSI at 65 indicates strong bullish momentum but approaching overbought conditions.

Key Levels to Watch

Resistance: $0.06500, $0.07000

Support: $0.06000, $0.05600

Bullish Scenario

Entry: $0.06200 (on consolidation).

Target 1: $0.06500

Target 2: $0.07000

Stop Loss: $0.06000

Bearish Scenario

Entry: $0.06000 (if rejection occurs).

Target 1: $0.05800

Target 2: $0.05600

Stop Loss: $0.06250

Market Insight

The surge in volume and breakout from $0.05600 support highlight renewed interest in CLV. If the price sustains above $0.06000, a retest of $0.07000 is likely. However, a break below $0.06000 could signal a short-term pullback. Traders should watch for confirmation before entering trades.

#CLV