$CVC /USDT short tread signal 🚦 🔴
SHORT TRADE SIGNAL – STRUGGLING NEAR LOCAL TOP, SELL PRESSURE BUILDING!
$CVC has dropped -3.35% after rejecting hard from the $0.1163 resistance. It’s now testing $0.1067 support with fading bullish momentum. Lower highs on the 1H and 30m charts indicate sellers are gaining control, and volume spikes suggest distribution.
Trade Setup (SHORT):
Entry Price: $0.10850 – $0.11150
Target 1: $0.10420
Target 2: $0.09960
Stop Loss: $0.11380
Why Short?
$CVC printed a rejection wick at $0.1163 and immediately dropped toward support. Volume shows early distribution, and price failed to reclaim short-term EMAs. Unless bulls push past $0.112 quickly, bears are likely to take it toward sub-$0.100 zones.
Risk Management Tip:
Use tight risk parameters — keep your SL above recent highs. Lock partial profits at Target 1, and trail SL to breakeven to minimize risk.
Sell smart — don’t chase green candles when the trend is turning red!
Buy and Trade here on $CVC
