$CVC /USDT – BEARISH BREAKDOWN IN PLAY 🚨📉
🔍 Technical Analysis Summary:
$CVC /USDT is showing signs of bearish continuation after failing to hold above the short-term resistance zone.
🔸 Current Price: $0.0915
🔸 24h Range: $0.0893 – $0.0948
📊 Key Levels to Watch:
Resistance Zones:
🔼 $0.0940 – Weak intraday resistance
🔼 $0.0960 – Major resistance and recent rejection zone
Support Zones:
🔽 $0.0900 – Immediate support
🔽 $0.0880 – Strong support; if broken, may trigger further downside
📉 Trade Setup – SHORT Position:
💥 Entry: $0.0915 – $0.0920
🎯 Targets (TP):
1. TP1: $0.0900
2. TP2: $0.0880
3. TP3: $0.0855 (if momentum continues)
🛑 Stop Loss (SL): $0.0945 – Above local resistance
📈 Risk/Reward: ~2.0 depending on entry and TP
🛡️ Risk Management Tip:
Never risk more than 1-2% of your capital per trade. Stick to your SL and size positions smartly! ✅💰
🔔 Stay sharp and follow the trend – momentum is your best friend!
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