$CVC MARKET SHOWING BEARISH PRESSURE AROUND KEY LEVELS
CVC (Civic) is currently trading near 0.0470, showing mild downside pressure as the market slides by -2.49%. The chart suggests that sellers are still active, keeping price below important resistance zones.
๐น KEY LEVELS
Current Price: 0.0470
Immediate Resistance: 0.0500 โ A break above this could shift momentum to bullish.
Major Resistance: 0.0550
Immediate Support: 0.0450 โ A crucial level; losing this may invite deeper downside.
Strong Support: 0.0430
๐ MARKET OUTLOOK
The overall structure reflects continued bearish sentiment, as the price struggles to reclaim resistance levels and remains near support. Until buyers regain strength, downward pressure may continue.
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๐น TRADE SETUP: SHORT POSITION
Entry: 0.0472โ0.0475
Take Profits (TP):
TP1: 0.0455
TP2: 0.0440
TP3: 0.0430
Stop-Loss (SL): 0.0502
This setup follows the trend and targets the next logical support areas.
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๐ฌ FINAL THOUGHTS
Every chart tells a story, and every trader grows by reading it with patience and confidence. Stay focused, trust your process, and keep moving forward โ progress comes one trade at a time. Youโve got this! ๐
