šØ $CVC ALERT: šššš & š¦šš¢šØšššš„š¦ š£šš§š§šš„š” SIGNALING POTENTIAL DROP! šØ
CVC is currently trading at $0.1604 after a -6.69% drop, and the classic Head & Shoulders pattern is clearly visible on the chart. This bearish formation suggests a potential trend reversal, with more downside possible.
š Key Levels to Watch:
Support: $0.1500 ā ļø
Resistance: $0.1770 š
Breakdown Target: $0.1300 š
š Trade Opportunities:
Bearish Scenario: If CVC breaks below the key $0.1500 support, we could see a sharp decline toward $0.1300, following the pattern breakdown. š
Bullish Rebound: If CVC holds support at $0.1500 and bulls take control, a bounce toward $0.1770 is possible. š
Given the strong pattern and current trend, CVC could face further selling pressure. Keep an eye on the critical support level at $0.1500 for any significant movement!
#Write2Earn! #CryptoNewss #HeadAndShoulders #BearishSignal #CryptoTrading