$CVC / USDT – Heavy Multi-Wave Sell-Off Hits the Chart
$CVC experienced a sharp downward move as the price dropped from 0.051 to 0.0474 USDT, marking a 7.02% decline triggered across three consecutive dump waves. This type of repeated selling pressure indicates that bears are fully controlling short-term momentum, pushing the market through intraday support levels without meaningful buyer reaction.
The structure now reflects weakness, with buyers stepping back and sellers dictating direction. Unless a strong accumulation phase appears,
$CVC may continue to face lower liquidity bounces and extended downside pressure in the next sessions.
Potential Entry Zone for Buyers:
0.0468 – 0.0476
Downside Targets (If bearish momentum continues):
• Target 1: 0.0465
• Target 2: 0.0458
• Extended Target: 0.0449
Upside Recovery Targets (If buyers attempt a rebound):
• Target 1: 0.0485
• Target 2: 0.0496
• Extended Target: 0.0510
Protective Zone:
Stop-Loss: 0.0464
Falling below this level may invite another round of sustained selling.
Market Bias: Short-Term Bearish
CVC currently sits under strong downward pressure, with bears dominating after a triple dump sequence. Buyers will need to reclaim lost levels before momentum can shift back to neutral or bullish.
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