$CVX
/USDT Strong Bullish Momentum Confirm šÆ š„ šÆ
$CVX is showing strong upside potential, but it will need to hold above recent support levels for further gains. Watch for breakouts above 4.80 for a continuation of the bullish trend.
Current Price: 4.793
24h High: 4.820
24h Low: 3.852
24h Volume (CVX): 2.12M
24h Volume (USDT): 9.08M
š Key Insights:
Trend: Strong bullish momentum, up 22.96% in the last 24 hours.
Volume: Solid trading volume, indicating increased market interest and momentum.
š Bullish Setup:
Entry: Buy near 4.75-4.80 if price remains above this zone.
Targets:
1. 5.20 (resistance level above recent highs).
2. 5.50 (potential psychological resistance).
Stop-Loss: Below 4.30 (recent low).
š Bearish Setup:
Entry: Short below 4.50 if the price falls below key support.
Targets:
1. 4.00 (support level).
2. 3.85 (24h low).
Stop-Loss: Above 4.80.
š Levels to Watch:
Resistance: 5.20, 5.50.
Support: 4.30, 4.00.
#BinanceLaunchpoolBIO #BinanceAlphaAlert #BinanceLabsBacksUsual #MicroStrategyInNasdaq100 #ChristmasMarketAnalysis