cvp

$CVP or UNI for the next leg? Only one.

No debate.

$CVP at $0.0339 got nuked 23% in 24h and almost 60% in 4h 📉 RSI 13 is screaming oversold, but the tape is still ugly: below the 20d and 50d, volume is only 0.1x normal, and it’s 93% off the 30d high. That’s not strength, that’s a knife fight. UNI is the cleaner trade if you want trend. CVP is the widowmaker if you want a bounce 🤷‍♂️

I’d only touch CVP for a violent mean reversion pop. Holding or fading this?

#CVP
#Binance

$CVP is getting nuked on stupidly thin tape right now 📉
$0.0339 and volume is only $428.91K. That’s not panic, that’s air.

4h is down 59.8% and RSI(14) is 13.
That’s washed.
But the bigger tell is the volume at 0.1x its 20d average while price sits below the 20d and 50d MA. No bids, no bounce. Just a fast grind lower with zero real support ⚠️

93% off the 30d high and still no one’s talking about the dead tape.

#CVP
#CryptoNews
#Trading