$CVX

/USDT Technical Analysis & Trade Signals

Current Price: $5.607 (up +16.86% in 24h)

Trend: Bullish momentum as the price is increasing from the 24h low of $4.747.

Support: $5.227 (recent low), $5.19M (24h volume support)

Resistance: $6.300 (recent high), $6.470 (upper resistance)

Trade Signals:

Buy Signal: Enter a buy position if price stays above $5.40, with a stop-loss around $5.19.

Sell Signal: If price hits $6.300 and struggles to break it, consider selling or taking profits.

Target Levels 🎯:

1. Target 1: $6.300 – Resistance; potential pullback or breakout.

2. Target 2: $6.470 – Key resistance; watch for a breakout.

3. Target 3: $6.80 – Higher target if momentum sustains.

Momentum:

Bullish momentum is strong, supported by rising volume and positive MACD cross. Watch for signs of overbought conditions (RSI nearing 70) near resistance levels for potential corrections or continuation.

#Share1BNBDaily #XRPReclaimsTop3 #XRPTrends #BitwiseFiles10ETFs #NFTIsBack