Civic ($CVC /USDT) Daily Chart Analysis – 🔥 Strong Breakout With Momentum Building

Current Price: $0.1414 (+14.6%)

Daily Range: High: $0.1456 – Low: $0.1318

📊 Key Technical Insights

🔹 Trend & Price Action:

Civic has pushed through the $0.12 resistance zone and is now trading above $0.14.

A confirmed breakout with volume and bullish structure forming — short-term momentum favors buyers.

Price has decisively flipped above the 20/50-day SMAs after a prolonged downtrend.

🔹 Moving Averages (MA):

✅ Bullish: SMA 5, SMA 10, SMA 20, SMA 50

The alignment of these SMAs confirms a momentum shift in favor of the bulls.

🔹 Momentum Indicators:

RSI: D: 82.67 (Overbought), shows strength but suggests caution for late entries

Stochastic RSI: Bullish crossover – strong short-term momentum

MACD: Bullish crossover – confirms trend reversal

ADX: Bullish crossover – indicates rising trend strength

MFI: Overbought – buyers are in control, but short-term cool-off possible

VWAP: Trending up, price is holding well above VWAP line

📈 Key Support & Resistance Levels:

Resistance: $0.1450, $0.1550, $0.1650

Support: $0.1250, $0.1150, $0.1050

⚠️ Outlook & Strategy:

✅ Bullish Scenario: A breakout and hold above $0.1450 opens the door for a run toward $0.16+.

⚠️ Pullback Risk: RSI and MFI are in overbought territory. If volume fades, a retest of $0.1250 is likely before further upside.

📢 Conclusion:

Civic is showing clear bullish structure, with all major indicators supporting further upside. While overbought signals suggest a potential short-term consolidation, dips into the $0.12–$0.125 zone could offer re-entry opportunities.

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