$CVX /USDT BULLISH BREAKOUT – READY FOR THE NEXT LEG UP!

Convex Finance ($CVX) has shown strong bullish momentum today, up +10.47%, currently trading at $4.24, with a 24h high of $4.25 and low at $3.767. The buying volume is surging, reflecting strong interest from bulls.

KEY LEVELS TO WATCH:

Current Price: $4.24

Resistance Levels:

$4.25 (Immediate)

$4.50 (Next Major Resistance)

$5.00 (Psychological Resistance)

Support Levels:

$4.10 (Near-term Support)

$3.90 (Stronger Support Zone)

$3.75 (24h Low – must hold for uptrend)

TRADE SETUP (LONG POSITION):

Entry: On retest of $4.15–$4.20 support zone

Targets (TP):

TP1: $4.50

TP2: $4.85

TP3: $5.00

Stop Loss (SL): Below $4.00 (to avoid fakeouts)

RISK MANAGEMENT:

Risk only 1–2% of your capital per trade

Stick to stop loss strictly to avoid emotional trading

Avoid entry if price closes below $4.00 on 1H/4H candles

NOTE: Volume breakout confirms bullish strength. A successful retest of the $4.15–$4.20 zone could trigger the next rally. Stay alert for fakeouts at resistance!

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