Convex Finance just ripped a +39% move to $2.42, smashing through the $2.00 resistance zone. Technical Setup:
Pattern: Parabolic breakout on the 15m chart Support: Holding strong above MA7 ($2.30) Target: A break above $2.68 opens the road to $3.00+
Why the Pump?
Dominance in the Curve Wars is back in focus. With Convex holding ~53% of veCRV voting power and the new Creator Collective incentives kicking in, whales are accumulating aggressively.
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$CVX IS WAKING UP!
Convex Finance just ripped a +39% move to $2.42, smashing through the $2.00 resistance zone.
Technical Setup:
Pattern: Parabolic breakout on the 15m chart
Support: Holding strong above MA7 ($2.30)
Target: A break above $2.68 opens the road to $3.00+
Why the Pump?
Dominance in the Curve Wars is back in focus. With Convex holding ~53% of veCRV voting power and the new Creator Collective incentives kicking in, whales are accumulating aggressively.
Trade Idea:
Watch for a retest of $2.30. If it holds, we fly.
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