🚀 #Convex Finance ($CVX ) Gaining Significant Momentum – Potential Surge Above $2.30! 🚀

#ConvexFinance ($CVX ) is currently trading at $2.25, reflecting a solid increase of approximately 0.13% from the previous close. The day's price action has recorded a high of $2.26 and a low of $1.93.

Technical Analysis:

Resistance Levels:

$2.30 – Immediate barrier; breaking this could trigger a powerful rally.

$2.50 – Critical resistance; surpassing this may fuel substantial bullish momentum.

$2.75 – Strong resistance zone; clearing this would indicate robust upward movement.

$3.00 – Major resistance point; a breakout here could ignite a sharp bullish surge.

Support Levels:

$2.00 – Key support; maintaining above this level is crucial for sustained bullish action.

$1.90 – Stronger support region; a fall below could signal a shift in trend.

Indicators:

RSI: Currently at 55.3, indicating a neutral stance with potential for strong upward momentum.

Volume: 24-hour trading volume stands at approximately $20.15 million, reflecting healthy market participation.

Bullish Targets:

🚀 $2.30 – A breakout above this level could signal the start of a major rally.

🚀 $2.50 – Surpassing this key resistance could accelerate bullish momentum.

🚀 $2.75 – A move above this would open the door for further explosive growth.

🚀 $3.00 – A major breakout above this level could lead to substantial gains.

Stop Loss:

🚨 $2.00 – A stop loss here will effectively limit downside risk if the price starts to decline.

🔥 #Convex Finance is demonstrating strong bullish signals—watch for a breakout above $2.30 for potential explosive gains!

Trade $CVX coin here 👇