🚨 $CVX /USDT ALERT: Key Levels in Play – Get Ready for Action! 🚨

$CVX is trading at $6.133, showing a moderate decline of 5.94% in the past 24 hours, but the recent price bounce indicates potential for a big move. Traders should keep an eye on these critical levels.

Key Levels to Monitor:

Resistance 1: $6.300 – A breakout above this level could signal bullish momentum and push the price toward $6.500, supported by strong buying interest.

Resistance 2: $6.500 – Sustaining above this zone may trigger a rally targeting $6.750, confirming a continuation of the uptrend.

Support: $5.900 – If the price breaks below this level, CVX could revisit $5.675, with increased risk of a further downward correction.

📉 Bearish Scenario:

A failure to break above $6.300 might lead to a retest of $5.900, with further downside risks toward $5.675 if selling pressure dominates.

🚀 Bullish Potential:

If CVX can clear $6.300, it opens the door for a rally toward $6.500 and potentially $6.750, driven by renewed market optimism and rising volumes.

Stay alert as CVX approaches these pivotal levels. Tight risk management is essential in this volatile market phase.

#Crypto #CVXUSDT #BinanceAnalysis #TradingSignals #Share1BNBDaily