$CVX /USDT Technical Analysis & Trade Signal🎯🚀🔥🔥🔥

Current Price: $4.16

24h High: $4.191

24h Low: $3.742

Trend: Bullish momentum continues to strengthen, with CVX showing a consistent upward move. However, short-term corrections may occur, so keep an eye on key levels.

Key Support & Resistance Levels:

Support: $4.00

Resistance: $4.30

Targets for CVX/USDT:

🎯 Target 1: $4.30

Key Resistance: A breakout above this level could signal further bullish movement. Watch for volume confirmation.

🎯 Target 2: $4.50

Mid-Term Target: If the trend remains intact, this level is achievable in the upcoming days with continued bullish momentum.

🎯 Target 3: $4.80

Long-Term Target: In case of sustained upward pressure and a broader market rally, $4.80 is a potential ceiling for CVX.

Trade Momentum:

RSI: Currently at 70, approaching overbought levels. A slight correction or consolidation may occur before continuing upward.

MACD: Bullish crossover confirmed, signaling strong upward momentum.

Volume: Strong buying volume suggests that bullish momentum is likely to continue in the short term.

Trade Signal:

Buy: Enter near $4.16 with targets at $4.30, $4.50, and $4.80.

Stop-Loss: Consider placing a stop-loss around $4.00 to manage downside risk in case of a pullback.

Disclaimer:

Crypto markets are volatile. Always manage risk carefully and adjust positions as needed based on market developments.

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