$CVC Ready to Pop or Rangebound Trap?
CVC is showing solid strength today with a +5.7% gain and now testing resistance near $0.0948. Momentum is building, but it needs a breakout confirmation to unlock the next leg up.
Key Levels to Watch
Resistance: $0.0950 – A clean breakout here could send CVC toward:
TP1: $0.0962
TP2: $0.0985
Support: $0.0935 – A breakdown could bring short-term weakness toward:
TP1: $0.0920
TP2: $0.0895
Trade Setup – Breakout Imminent?
Bullish Entry: Break and hold above $0.0950
Bearish Entry: Rejection and fall below $0.0935
Stop-Loss: Use tight SL — price action is tightening near decision zone
Volume Check: Holding steady at ~83K — enough to fuel a breakout if buyers step in