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$CVC UPDATE — THIS ONE IS ON MY RADAR FOR A BIG CORRECTION
CVC has already exploded +91% today and is now trading near the 24H high 0.04243.
The move is extremely stretched on the 1H chart, with price sitting far above the major MA/EMA levels. Volume has also gone crazy.
I’m NOT chasing the short here.
I’ve started scaling my short around the resistance zone and will add only if I get a clear rejection. 👀
Short Zone: 0.0410 – 0.0423
Add on rejection / failed breakout
SL: 1H/4H close above 0.0436
TP1: 0.0382
TP2: 0.0340
TP3: 0.0315+
The key level is 0.0424.
If bulls can't hold above it, I expect the late longs to start getting trapped.
Don't blindly short a pumping coin. Wait for rejection + confirmation.
Always DYOR. Never put your entire account into one trade.
Ghost Family 👻 — patience catches the reversal.
Trade here 👈
$CVC #RevolutConfirmsFakeGovEmailDataBreach #GhostTrader