$CVX /USDT ā LONG TRADE SIGNAL š¢
Convex Finance is showing early strength after holding the $1.88 support zone firmly. The current structure hints at a potential bullish reversal if momentum sustains above the $1.92ā$1.95 accumulation area. A breakout above the minor resistance at $2.10 could confirm continuation toward higher liquidity zones.
Trade Setup:
Entry Zone: $1.92 ā $1.95
Target 1: $2.10
Target 2: $2.25
Target 3: $2.45
Stop Loss: $1.84
Margin: 2ā3% of wallet
Leverage: 10x
Key Levels:
Support ā $1.88 / $1.84
Resistance ā $2.10 / $2.45
Market Outlook:
Bullish momentum is expected if buyers manage to hold price action above $1.95. Watch for volume confirmation on the breakout to validate the move. Sustained accumulation could push CVX toward mid-term recovery.
