$CVC

/USDT Technical Analysis 🎯

Current Price: $0.1924

CVC is showing notable movement after a recent 19.19% dip, and traders are watching key levels for potential breakout or retracement.

Target Levels:

1. Target 1 - $0.2120

This level aligns with recent support turned resistance, signaling an initial upside potential. A breakout above this could show signs of recovery momentum.

2. Target 2 - $0.2350

Mid-range target that correlates with the 24-hour high of $0.2535. If buying pressure increases, this level could see another test, offering a 20% potential gain from the current price.

3. Target 3 - $0.2600

A stretch target that matches previous resistance. Hitting this level would indicate strong buying momentum and an optimistic trend for the asset.

Moving Averages to Watch:

MA(7): $0.2025 - Short-term pressure

MA(25): $0.1792 - Mid-term support

MA(99): $0.1397 - Long-term foundation

Market Snapshot:

Volume remains high with $78.29M traded over the last 24 hours. As CVC approaches these target levels, traders should keep an eye on volume changes and short-term support for signs of strength!