$CVC Price is showing weakness by trading below the key 7, 25, and 99-period MA resistance cluster between $0.0606-$0.0615. The failed breakout attempt suggests seller dominance is returning. With the price struggling below these dynamic resistance levels and minimal gains of 1.01%, a pullback toward the 24h low support appears likely.
Entry Zone
$0.0600 - $0.0605
TP1
$0.0590
TP2
$0.0580
TP3
$0.0570
Stop Loss
$0.0620
Risk Management
Risk no more than 2% of capital. Move stop loss to breakeven once TP1 is hit to lock in profits.
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