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$CVC It experienced a significant drop, falling from about 0.031 to around 0.030. On the surface, it appears that the price was pulled down by a dead cross formation.
However, the MFI is rising below 73.
Money flow is still ongoing, but the price continues to decline. This is a classic "pump-and-dump" scenario executed by whales.
ATR is at its maximum level, indicating extreme volatility; pre-storm silence. We've seen many large reversals in such setups.
Although MACD is weak, the RSI at 46 suggests that the downside potential is truly limited. ADX has reached 34, indicating an accelerating trend, but the direction could change at any moment.
CVC's positioning is clear: privacy + compliance, a well-established project with a solid base of 110,000 followers. The likelihood of being oversold at this price point is much higher than the chance of continuing to fall.
I expect a large green candle along with increased volume.
$CVC $BTC $DUSK $VANRY $ETH