$CVX /USDT BULLISH MOMENTUM BUILDING โ BREAKOUT IN SIGHT! ๐
Convex Finance ($CVX) is showing strong bullish signs, with price action pushing upward amid rising volume. Traders should stay alert as momentum builds toward a potential breakout.
๐น Current Price: $4.29
๐น 24h Range: $3.94 (Low) โ $4.45 (High)
๐ KEY LEVELS
๐ข Support Zones:
$4.00 โ Strong psychological support
$3.94 โ Daily low & recent bounce zone
๐ด Resistance Zones:
$4.45 โ Intraday high & key breakout point
$4.60 โ Next resistance if breakout confirmed
๐ TRADE SETUP (LONG)
๐ฅ Entry: $4.30โ$4.32 (on confirmation of breakout retest)
๐ฏ TP1: $4.45
๐ฏ TP2: $4.60
๐ฏ TP3: $4.80
๐ SL: $4.00 (below support)
๐ RISK MANAGEMENT
Use only 1โ2% of your capital per trade. Maintain tight SL to minimize drawdown. Wait for confirmation before entering. Discipline = profit!
$CVX gearing up for a breakout โ stay ready, bulls! #BinanceHODLerTOWNS #MarketRebound #ProjectCrypto #FedGovernorVacancy #Write2Earn $CVX