$CVX /USDT: A Dip or a Chance to Rebound?

Currently trading at $4.54, $CVX has seen a sharp decline of -11.49%. Despite the drop, it remains an asset to watch. The price touched a 24-hour high of $5.26 and a low of $4.42, with 993,433.80 CVX traded and 4.74M USDT in total volume.

Key price levels to monitor:

Resistance at $5.301 – A critical level to break for a potential rally back to higher grounds.

Support at $4.364 – A potential zone for buyers to step in if the price retraces further.

The depth chart indicates buying interest around $4.364, with selling pressure near $5.301 and $6.109.

Target Overview:

Short-term Target: A bounce from $4.364 could push CVX back to $4.54 or even challenge $5.301.

Long-term Focus: If the market recovers, a move toward $5.50 could be possible.

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