MyCryptoParadise_Nathan

CLV Breakout Potential! ๐Ÿ“ˆ Keep an Eye on This Bullish Setup!

BINANCE:CLVUSDT   CLV / TetherUS
๐Ÿ’Ž CLV has recently broken above a resistant trendline, indicating the potential for a bullish move if the price breaks out above the neckline of an inverse head and shoulders pattern.

๐Ÿ’ŽShould CLVUSDT break above the neckline or resistant level, we can anticipate targets up to the subsequent resistant levels. In the event of a pullback, we can expect a bounce from the support area, with confirmation ideally coming from bullish candlestick patterns.

๐Ÿ’ŽHowever, should the price break below the support level, it would be prudent to refrain from taking action in that scenario and instead wait for clearer price action to develop.

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