$CVX is currently trading at $4.92, reflecting a 21.78% increase over the past 24 hours.
→ Key Highlights:
1. Market Momentum:
$CVX has experienced a significant surge, with a 24-hour trading volume of approximately $65.97 million, indicating heightened investor interest.
2. Resistance Levels:
Immediate resistance is observed at $5.13, with a significant barrier around $5.79.
3. Support Zones:
Strong support is established near $3.95, providing a safety net for potential pullbacks.
→ Next Move:
Monitor for a breakout above the $5.13 resistance level to confirm continued bullish momentum.
However, be cautious of potential pullbacks and consider setting stop-loss orders to manage risk effectively.
#BinanceAlphaAlert #BinanceLabsBacksUsual #ChristmasMarketAnalysis #USUALAnalysis