$CVC
/USDC – Sharp Pullback After Weak Bounce
Price: $0.0463
24h Move: -3.34%
Intraday Range: High $0.0552 • Low $0.0462
Reason:
CVC saw heavy selling pressure earlier, confirmed by a strong red candle and declining volume on the small recovery attempts. Buyers are not showing conviction, and price is still trading below the MA7, MA25, and MA99—signaling persistent weakness. Momentum remains tilted toward sellers.
Key Levels:
Support: $0.0462
Resistance: $0.0469 / $0.0480
Trend: Bearish (lower highs, moving averages sloping down)
Trade Idea (If/Then):
If price loses $0.0462 support, then more downside toward $0.0455–$0.0450 could follow.
If buyers reclaim $0.0469 and close above the MA25, then a short-term relief bounce toward $0.0480 may form.
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