$CVC down 96% from ATH — but just ripped 210% in 4 weeks. Classic multi-year bottom reversal setup?
The Structure:
• Deep corrective phase finally exhausted
• HTF bullish flip at $0.03827 — this is the line
• Accumulation zone: $0.024–$0.019 if we get a deeper pullback
• Weekly close above $0.03827 = confirmation
• Invalidation: sustained breakdown below accumulation
Key Levels:
• Bullish flip: $0.03827
• Retest zone: $0.024–$0.019
• Targets: $0.09 / $0.22 / $0.51
My Take:
I'm bullish IF we hold a weekly close above $0.03827 and retest it as support. Don't chase the pump — wait for the breakout + retest. If we dip to $0.024–$0.019, that's your risk-defined entry.
This isn't about catching the exact bottom. It's about confirmation, structure, and patience.
Is $CVC setting up for a 2,000%+ reversal cycle? The chart says maybe. Your risk management says everything.
TA only. Not financial advice. DYOR.
The Structure:
• Deep corrective phase finally exhausted
• HTF bullish flip at $0.03827 — this is the line
• Accumulation zone: $0.024–$0.019 if we get a deeper pullback
• Weekly close above $0.03827 = confirmation
• Invalidation: sustained breakdown below accumulation
Key Levels:
• Bullish flip: $0.03827
• Retest zone: $0.024–$0.019
• Targets: $0.09 / $0.22 / $0.51
My Take:
I'm bullish IF we hold a weekly close above $0.03827 and retest it as support. Don't chase the pump — wait for the breakout + retest. If we dip to $0.024–$0.019, that's your risk-defined entry.
This isn't about catching the exact bottom. It's about confirmation, structure, and patience.
Is $CVC setting up for a 2,000%+ reversal cycle? The chart says maybe. Your risk management says everything.
TA only. Not financial advice. DYOR.
