$CVX
🚀 CVX/USDT: Technical Analysis – Testing the $3.00 Zone! 🔥
CVX/USDT is trading at $3.008, hovering around a psychological level that could determine its next major move. Here's the technical outlook:
Support Level: $2.900 – A solid base where buyers have consistently stepped in to protect against further downside.
Resistance Level: $3.150 – A critical level CVX must break to ignite bullish momentum.
CVX is currently consolidating, suggesting a potential breakout. A break above $3.150 could pave the way for a rally toward $3.300 or higher, while a drop below $2.900 might signal bearish pressure, targeting $2.750 as the next support.
💡 Entry Strategy:
Bullish Entry: Above $3.150 with strong volume confirmation, aiming for $3.300 and beyond.
Bearish Entry: Below $2.900 if selling pressure builds, targeting lower support zones.
CVX is poised for a decisive move—will the bulls take charge and push prices higher, or will the bears drag it lower? Stay vigilant; CVX could deliver a breakout soon! 🔥🚀
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