$CVX

/USDT Technical Analysis๐ŸŽฏ๐ŸŽฏ๐Ÿš€๐Ÿš€๐Ÿš€

Current Momentum: Bullish (+15.03% in 24h)

The price has shown strong upward momentum with a high-volume breakout, signaling potential for further growth.

CVX is currently trading near its 24h High ($5.166), suggesting sustained buying pressure.

Trade Signal: Buy on Retest

Entry Point: $4.70 - $4.80

Look for a pullback towards the support zone around $4.70 to confirm entry.

Target Levels ๐ŸŽฏ

1. Target 1: $5.10

2. Target 2: $5.30

3. Target 3: $5.55

Stop-Loss:

$4.45 (to minimize risk if price reverses below key support).

Momentum Indicators:

RSI: Above 60 (Positive)

MACD: Bullish crossover on the 4-hour chart

Volume: High buying interest confirms trend continuation.

Keep monitoring the $5.166 level; a break above could lead to higher momentum!

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