$CVX is currently holding strong support around $2.39, with an optimistic target of $5.93 in the medium term. While a drop below $2.00 could provide stability, it would also be an important level to watch for any potential reversal. The upward momentum from $TRX is contributing to a positive outlook for $CVX, suggesting that the broader market sentiment may be in favor of continued growth. Additionally, $BTC movements should be monitored closely, as Bitcoin’s price action often sets the tone for the broader market, including altcoins like $CVX. A bullish shift in Bitcoin’s attitude could propel CVX toward its target, but any bearish correction in BTC could potentially delay or impact its upward trajectory. As always, traders should manage risk carefully and stay informed about market trends.
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