The 4‑hour candle just slipped under the 0.0300 mark—$CLV lost its short‑term safety net.
Here’s why the downside may keep humming 👇
Price is battling to hold the ~0.0295 zone, but EMA 7 is under EMA 25 and RSI is stuck in the low‑20s, whispering a deeper pull. An unfilled bearish gap between 0.0329 – 0.0327 adds extra pressure, while the volume‑profile point‑of‑control sits up near 0.0348, a level the market is already abandoning.
The chart suggests the next support sits around the 0.0270 area; if it slides beneath the ~0.0310 line on a 4‑hour close, the bearish case is invalidated. The objective zone lies near the 0.0268‑0.0270 band, where a break could open a path toward the lower 0.020‑0.021 range.
Tap $CLV to pull up the chart and see these zones yourself.
My read: the odds favor a move toward the 0.0270 area, with the real risk coming if price rebounds above the ~0.0310 barrier.
Follow me for a follow‑up when the 0.0310 line finally decides its fate—I’ll break down what the next swing could look like. What level are you watching on $CLV? 👇
⚠️ Not financial advice. DYOR.
#CLV #Crypto #BinanceSquare #TopGainer
Here’s why the downside may keep humming 👇
Price is battling to hold the ~0.0295 zone, but EMA 7 is under EMA 25 and RSI is stuck in the low‑20s, whispering a deeper pull. An unfilled bearish gap between 0.0329 – 0.0327 adds extra pressure, while the volume‑profile point‑of‑control sits up near 0.0348, a level the market is already abandoning.
The chart suggests the next support sits around the 0.0270 area; if it slides beneath the ~0.0310 line on a 4‑hour close, the bearish case is invalidated. The objective zone lies near the 0.0268‑0.0270 band, where a break could open a path toward the lower 0.020‑0.021 range.
Tap $CLV to pull up the chart and see these zones yourself.
My read: the odds favor a move toward the 0.0270 area, with the real risk coming if price rebounds above the ~0.0310 barrier.
Follow me for a follow‑up when the 0.0310 line finally decides its fate—I’ll break down what the next swing could look like. What level are you watching on $CLV? 👇
⚠️ Not financial advice. DYOR.
#CLV #Crypto #BinanceSquare #TopGainer
