$CVX
The #CVX/USDT pair is currently facing a sharp pullback, with a notable 16.72% decline, bringing the price to $4.26. The 24-hour trading range has seen a high of $5.259 and a low of $4.253, indicating heightened volatility. With 1.31 million $CVX and 6.06 million USDT traded in the last 24 hours, the market is showing significant activity. Price action is currently hovering near key support levels around $4.25, while resistance is being tested at $4.60. This range-bound action suggests that the market may be consolidating before a potential breakout or continuation of the downtrend. Traders should watch for a break below $4.25 to confirm further downside or a bounce back toward the resistance zone.
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