$
$CVX 📊 CVX/USDT – 24H Market Pulse 🔁
**Convex Finance (CVX)** shows signs of **bullish recovery** in the last 24 hours. Here’s a breakdown of what traders need to know:
Price Overview
* **Current Price**: \~\$4.61 USDT
* **24H Range**: **\$3.82 – \$4.61**
* **24H Change**: **+0.20%** (modest gain)
---
🕯️ **Candle Chart Insights**
* CVX/USDT trading in a **descending channel**, recently bounced from lower trendline.
* **Support zone**: \~\$2.64–\$2.70
* **Resistance to watch**: \$6.50–\$6.80
* Holding above **moving averages (MA-25, MA-99)** – showing short-term **buy strength**.
---
📈 **Technical Signals**
* 🔹 **RSI**: Recovering from oversold – bullish
* 🔹 **MACD**: Showing positive crossover
* 🔹 **Trend**: Moving from consolidation to breakout zone
---
🚀 **What’s Next?**
If CVX breaks the \$6.60 level with volume, we may see a move toward \$7.00+.
Caution: Set stop-loss below \$2.60 if entering trades.
---
🧠 **Trader Tip**
Stay alert for volume spikes and watch for a confirmed breakout above resistance. The structure is aligning for short-term upside.
#CVX #CryptoAnalysis"
#BinanceSquare #CVXUSDT #Write2Earn