๐ $CVX
/USDT Technical Analysis & Targets ๐ฏ
CVX/USDT has shown impressive bullish momentum, currently trading at $4.089 (+32.89%). With strong volume and steady price action, hereโs what traders need to know:
Key Levels to Watch
1. Target 1: $4.50 โ A short-term resistance aligned with the 24-hour high. Breaking this level could attract aggressive buyers.
2. Target 2: $5.00 โ A psychological level that could signal continued bullish momentum. Traders might look for confirmation here.
3. Target 3: $5.50 โ A potential breakout zone if bullish sentiment remains strong. Watch for volume spikes to validate upward movement.
Support Levels
$3.80: Key support for pullbacks.
$3.50: Strong base for long-term buyers.
Indicators
RSI: Approaching overbought levels, signaling caution.
Volume: Surging, suggesting increased market interest.
Keep an eye on market sentiment and global trends as CVX/USDT continues to shine. Monitor your risk levels and set stop-loss orders to safeguard trades!
Whatโs your next moveโhold, buy, or wait? Letโs discuss below!