$CVX
/USDT Technical Analysis: Key Targets to Watch 🔍
The CVX/USDT pair has seen significant movement recently, with the price climbing to $5.194. Here are the three key levels traders should monitor closely:
1. Target 1: $5.300
This is the immediate resistance level. If CVX can break through this price point, it may open the door for further bullish momentum, aiming toward higher highs.
2. Target 2: $5.100
A key support level that could act as a potential entry point for buyers looking to ride the next leg up. If price retraces to this point, a bounce off this level is possible, confirming the bullish trend.
3. Target 3: $4.900
The lower support zone for the pair. A dip to this level could provide an opportunity for longer-term buyers, provided strong buying interest appears to hold the price from further decline.
24h Price Action: The price of CVX has surged by +14.81% in the last 24 hours, currently holding steady around $5.194. Watch for potential volatility as the market decides the next direction.
Stay tuned for more updates on CVX/USDT. Be sure to monitor these key levels for possible entry and exit points!