$CVX

/USDT: Convex Coils for a Breakout.!🚀💯

$CVX is showing quiet strength near the upper end of its recent range, supported by steady volume. As a DeFi favorite, it's attempting to reclaim momentum above $2.65 after defending the $2.51 zone.

🎯 Entry Zone:

Accumulate between $2.60 – $2.66, ideally near short-term consolidation with bullish confirmation.

🏆 Target Levels:

Target 1: $2.78 — Minor resistance and local breakout trigger.

Target 2: $2.92 — Gap fill from previous rejection zone.

Target 3: $3.08 — Macro resistance from April's top structure.

🛑 Stop Loss:

Set a tight stop at $2.49 to minimize downside exposure.

📌 Key Levels:

Support: $2.51 / $2.60

Resistance: $2.78 / $2.92 / $3.08

Pivot Zone: $2.65

💡 Pro Tip:

A 4H close above $2.66 with climbing volume and RSI over 55 could signal a continuation rally. CVX tends to move in sharp legs once volatility returns, so prepare to trail your stop once above Target 1.

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