In the last four hours, the CVX/USDT trading pair has demonstrated notable volatility, presenting significant opportunities for traders. Initially, the price saw a sharp upward movement, driven by a surge in buying interest. This bullish trend was marked by a series of higher highs and higher lows, reflecting strong market confidence.However, as the trading session progressed, the price faced resistance around the $3.50 level. This resistance led to a pullback, where the price retraced to approximately $3.40. The volume during this retracement phase was relatively high, indicating active trading and potential profit-taking by some participants.
