CVPUSDT, the trading pair of CVP tokens with USDT on the Binance exchange, has been showing promising signs of an upward trend. The cryptocurrency has been trading in a range of $0.49-$0.55 for the past few weeks and is showing signs of a potential breakout.
Investors should consider buying CVPUSDT in the aforementioned buy zone, as this price level has provided strong support in the past. A stop loss can be placed below the $0.45 support level to limit potential losses.
The first target for CVPUSDT would be at $1.03, which is a key resistance level. If the cryptocurrency can break through this level, the next target would be at $1.60.
Investors should consider buying CVPUSDT in the aforementioned buy zone, as this price level has provided strong support in the past. A stop loss can be placed below the $0.45 support level to limit potential losses.
The first target for CVPUSDT would be at $1.03, which is a key resistance level. If the cryptocurrency can break through this level, the next target would be at $1.60.