$CVX
/USDT VOLATILITY ALERT – REVERSAL OR CONTINUATION?
CVX is currently trading at $6.306, reflecting a -3.68% decline in the past 24 hours. The price rebounded sharply from a recent low of $4.467, showing signs of recovery but remains under bearish pressure.
💡 Key Levels to Watch:
Resistance: $6.550 – Breaking this level could indicate the start of a bullish recovery.
Support: $4.467 – A retest and hold here is critical to avoid further downside.
📉 Caution: Failure to hold above $4.467 could result in another sharp drop, with potential targets around $4.294.
With a 24-hour trading volume of $13.7M, CVX is experiencing heightened activity. Traders should stay alert as the market decides its next direction!
