Technical Analysis: $CVX ๐Ÿค‘๐Ÿ’ฐ๐Ÿ’ฏ

/USDT - Key Levels and Targets ๐ŸŽฏ

$CVX /USDT is currently experiencing a solid upward trend, with the price hovering around $5.57, showing a +22.79% gain over the last 24 hours. As we look closer, three key targets are emerging for traders to focus on:

1. First Target: $6.00

The price has already approached $6.00, and this level is showing strong resistance. A breakout above this target could fuel further gains.

2. Second Target: $5.80

The $5.80 level is crucial as it has been a consistent point of interest in recent trading sessions. A bounce from this level could suggest continued bullish momentum.

3. Third Target: $5.40

The $5.40 area is seen as the support zone. A dip to this level could offer an entry point for traders looking for a bounce back to higher levels.

Key Insights:

Resistance: $6.00

Support: $5.40

CVX/USDT continues to show strength, but these levels will be critical to watch for potential breakouts or pullbacks.

Stay alert to market movements and adjust your strategy accordingly!