$CVX is Burn upward ..

It's likely cross 4$ value soon..

It's best option for everyone now..

The $CVX /USDT pair is experiencing a significant uptrend, currently trading at 3.923, marking a 42.91% increase in the last 24 hours. This bullish movement is highlighted by the 24-hour high of 4.250 and a low of 2.641, demonstrating substantial volatility and trading opportunities.

Key technical indicators on the 15-minute chart reveal the following:

- The MA(7) is at 3.790, MA(25) at 3.878, and MA(99) at 3.435, showing that short-term momentum is strong and aligned with the upward trend.

- The trading volume has been impressive, with 14.13M CVX and 50.43M USDT traded in the past 24 hours, reflecting high liquidity and trader interest.

Recent performance metrics are also notable:

- The coin has gained 4.45% today, 73.29% over the past week, and 68.37% in the last 30 days.

- The 90-day and 180-day gains are more modest at 1.48% and 17.52%, respectively, while the annual performance shows a 14.23% increase.

The current order book indicates a strong sell pressure with 57.21% of the orders being sell orders, compared to 42.79% buy orders. This suggests that while the price is climbing, there may be some resistance at higher levels.

Traders should watch for key support and resistance levels. The recent low of 3.791 could act as a support, while breaking above 4.108 might open the path for further gains.

In conclusion, $CVX /USDT is exhibiting strong bullish characteristics with high trading volume and positive short-term moving averages. However, the market's volatility suggests a cautious approach, especially with significant sell pressure in the order book. Stay alert to market movements and adjust your strategies accordingly. Happy trading!