$CVX
/USDT Technical Analysis & Trade Signals
Current Price: 5.184 USDT
24h Change: +14.69%
Trend: Bullish
Momentum: Strong upward momentum with increasing volume
Support Level: 4.336 USDT (24h Low)
Resistance Level: 5.195 USDT (24h High)
Trade Signals:
1. Buy Signal: Enter a long position around 5.184 USDT with current bullish momentum.
2. Sell Signal: Sell near 5.195 USDT (24h High), or wait for a breakout above this resistance level.
3. Stop Loss: Set stop loss around 4.824 USDT to manage risk if momentum fades.
Target Levels:
1. Target 1: 5.078 USDT — Potential short-term resistance level.
2. Target 2: 5.214 USDT — Watch for a breakout above resistance.
3. Target 3: 5.50 USDT — Potential for continued upward movement if momentum sustains.
Momentum: The trend remains bullish with strong upward movement and volume backing the price action. Watch for a breakout above 5.195 USDT to target higher levels.
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