$CVC

Price ranged for a long time and then impulsively broke higher from the 0.04 area, running liquidity straight into 0.054. After that spike, price pulled back but didn’t fully retrace the move. That suggests profit-taking, not full rejection.

Market Read

I’m watching whether price can hold above 0.044–0.045. If this level holds, the move looks constructive. Failure here would mean the breakout was just a liquidity run.

Entry Point

0.044 – 0.046

Target Points

TP1 0.049

TP2 0.052

TP3 0.055

Stop Loss

Below 0.041

How it’s possible

Liquidity was taken above previous highs, then price pulled back into prior resistance. Holding this area would confirm a structure flip. Rejection would show the breakout lacked acceptance.

No chase, only confirmation.