$CVX /USDT: Convex Finance on Fire! 🔥🚀
Current Price: $3.92
Timeframe: 4H Chart
🎯 Targets
Target 1: $4.50 🎯
Short-term resistance zone.
Target 2: $5.80 🚀
Test of the March high zone.
Target 3: $7.00 🌕
Mid-term bullish extension if momentum continues.
🛡️ Support Levels
Support 1: $3.25 🧱
20 MA area, important for trend continuation.
Support 2: $2.55 ⚙️
MA 200, critical to avoid trend reversal.
📊 Technical Overview
CVX is breaking out after months of consolidation.
MA 20/50/200 alignment signals a bullish momentum shift.
Watch volume—sustained demand could push CVX to retest $5+ levels.
⚠️ Risk Reminder
Fast moves bring high risk. Manage your position sizes and consider stop-loss strategies. The DeFi market can swing quickly! ⏳
