Binance Hot list coin July, 3rd 2020 : CVCUSDT #2

What I'm so interested about this coins is its progress on RSI which remains stable and even getting better over time. If in the last a week we saw the RSI trended below the neutral zone which makes it so bearish, this time the RSI on the 4 hours chart is trending right at the neutral zone which is between 40 -60. However, this is an increase in the momentum and the stages where there is a shifting from bears to bulls.

The other thing is that currently the price is trending slightly above the white support trend line and slightly below the blue resistance trend line which makes it trending closer to the APEX. I'll wait for the price to breaks above the blue resistance trend line with a significant volume and targeting the white region as well.