📢 Technical Analysis of $CVC – Daily Frame

🔸 The price is currently moving at 0.1022 after a strong rebound from support at 0.0975, and it is approaching significant resistance at 0.1110.

🔸 The price is attempting to break through the Ichimoku cloud, and the 50 and 200 day moving averages are still trending downwards.

🔸 The RSI indicator is at 55.87 and shows the beginning of positive momentum after breaking the downtrend line.

📌 Trade Type: Spot / Spot

🎯 Positive Scenario:

– In the case of breaking the level of 0.1110 and closing daily above it

– Targets: 0.1180 – 0.1250 – 0.1320

❌ Negative Scenario:

– In the case of breaking the level of 0.0975 and stabilizing below it

– Targets: 0.0900 – 0.0840 – 0.0780

📌 Note: A breakout with increased trading volume may provide a strong entry signal.

⚠️ Disclaimer: This analysis is for educational purposes only and does not represent financial advice.#REVABinanceTGE