$CVX ALERT: Explosive Momentum โ€“ Act NOW! ๐Ÿš€

$CVX has surged 42.05%, breaking out of its consolidation phase, now trading at $4.831. With bullish momentum fueling the move, the market is primed for potential significant gains.

Key Levels to Watch:

Resistance:

$5.15 โ€“ A breakout above this level may target $5.50, $5.85, and possibly $6.20.

Support:

$4.50 โ€“ Sustaining above this level will maintain the bullish trend. A dip below may lead to retracements toward $4.20 or $3.85.

Trade Setup:

Entry Zone: $4.70โ€“$4.85 for momentum continuation trades.

Take-Profit Targets:

1. $5.15

2. $5.50

3. $5.85

Stop-Loss: Place below $4.50 to minimize risk.

Market Sentiment & Indicators:

Strong buying interest is reflected by increasing volume, signaling bullish intent. However, resistance at $5.15 may test the rallyโ€™s strength. Monitor closely for breakout confirmations or potential pullbacks.

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