$CVX
๐ CVX/USDT: Technical Analysis โ Testing the $3.00 Zone! ๐ฅ
CVX/USDT is trading at $3.008, hovering around a psychological level that could determine its next major move. Here's the technical outlook:
Support Level: $2.900 โ A solid base where buyers have consistently stepped in to protect against further downside.
Resistance Level: $3.150 โ A critical level CVX must break to ignite bullish momentum.
CVX is currently consolidating, suggesting a potential breakout. A break above $3.150 could pave the way for a rally toward $3.300 or higher, while a drop below $2.900 might signal bearish pressure, targeting $2.750 as the next support.
๐ก Entry Strategy:
Bullish Entry: Above $3.150 with strong volume confirmation, aiming for $3.300 and beyond.
Bearish Entry: Below $2.900 if selling pressure builds, targeting lower support zones.
CVX is poised for a decisive moveโwill the bulls take charge and push prices higher, or will the bears drag it lower? Stay vigilant; CVX could deliver a breakout soon! ๐ฅ๐
#BitwiseFiles10ETFs #BitwiseFiles10ETFa #BSCOnTheRise #MarketInTheGreen #Write2Earn!