The CVX market is starting to become active. The Convex Finance token has experienced a sharp rally, surging from the support level to $2.42, with a total increase of 39%. The previous resistance around $2.00 has been directly broken through, which is a good signal.



From a technical perspective, the 15-minute chart shows a typical parabolic breakout pattern. The $2.30 level (7-day moving average) is currently holding strong as support, forming an effective short-term support. If the price continues to rise, the next key resistance is around $2.68. Once this level is effectively broken, the target of $3.00+ could be within reach. The current trend is quite good, with decent volume, and it’s worth monitoring for further breakout confirmation.
CVX0.05%
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GateUser-44a00d6cvip
· 01-06 22:59
CVX this wave definitely has some strength, but the key point is whether it can hold the 2.68 level. That's the real focus; don't want it to drop back to 2.30 and keep oscillating.
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NFTFreezervip
· 01-05 20:05
A 39% increase, this pace is a bit fierce, but whether the $2.68 level can be broken still depends on .

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CVX finally remembers it's a coin haha, I won't believe it until it breaks $3.00.

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It surged to 2.42, but I just want to know if this is a real breakout or just another retest.

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The trading volume isn't fierce enough yet, let's wait and see. It feels like it might need to be confirmed multiple times.

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Parabolic shape? Sounds good, but how many times has this kind of market tricked me...

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Holding steady at $2.30 is good, but if it drops below again, that would be a real problem.
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zkProofInThePuddingvip
· 01-04 12:02
Wow, CVX's recent surge is intense, jumping 39% in one go and breaking through the $2.00 resistance level... However, that $2.68 mark might be a bit tricky to break through.
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OnchainSnipervip
· 01-04 01:58
CVX's recent surge is indeed impressive, staying steady at 2.42, but I still have some reservations about the 2.68 level.
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Lonely_Validatorvip
· 01-04 01:58
CVX has surged this time, with a 39% increase, which is quite impressive. However, I still find it a bit uncertain whether it can break through the crucial level at $2.68.
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RiddleMastervip
· 01-04 01:57
CVX's recent surge is indeed fierce, breaking through the 2.00 resistance level directly. It looks like something's brewing.
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zkNoobvip
· 01-04 01:57
Wow, CVX's recent surge is really fierce. The 39% increase directly broke through the $2.00 resistance level. It looks like I can't hold on much longer.
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CommunitySlackervip
· 01-04 01:56
Whoa, a 39% increase? This is what I wanted to see. CVX has been holding back for so long and finally moved!
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0xInsomniavip
· 01-04 01:55
Here we go again, CVX is surging fiercely this wave, soaring by 39% directly, and the $2.00 resistance level suddenly broke through.

$3.00 doesn't seem far away, it all depends on whether it can hold the $2.30 line.
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BlockchainWorkervip
· 01-04 01:54
A 39% increase is quite impressive, but I'll wait until it breaks 2.68... Those who jumped in probably made a small profit.
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