Paid signal is here for free
$CLV buy and hold big PUMP soon 👇
It's a good time to buy CLV/USDT, let's analyze the provided chart and key indicators
1. Current Price Action:
The price is $0.08959, showing a 13.79% increase in the last 24 hours, indicating bullish momentum.
2. Moving Averages:
EMA (20): $0.08149
EMA (50): $0.06547
EMA (200): $0.05410
The price is above all these EMAs, confirming a bullish trend. However, it might also be overbought in the short term.
3. Relative Strength Index (RSI):
RSI (50): 58.92
RSI (200): 52.70
These values are in a neutral zone, suggesting the asset is not overbought or oversold yet.
4. MACD:
MACD is slightly negative but close to crossing over, which might signal a potential bullish continuation.
5. Support and Resistance:
Support: Around $0.07807 (recent low).
Resistance: $0.10860 (24h high).
Recommendation:
Entry Point: Consider waiting for a pullback closer to $0.08 (near the EMA 20) for a safer entry.
Stop-Loss: Set a stop-loss below $0.077 to limit downside risk.
Target: If the bullish momentum continues, aim for $0.10–$0.11 as a potential profit zone.
Always perform your own analysis and risk assessment before trading.