CLV Breakout Potential! ð Keep an Eye on This Bullish Setup!
ð 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.
ðShould 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.
ðHowever, 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.
ðShould 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.
ðHowever, 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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