$CVX

/USDT Technical Analysis – Current Market Snapshot

The CVX/USDT pair has experienced a notable pullback, with a current price of $4.09, reflecting a 19.02% drop in the last 24 hours. With the 24-hour high at $5.259 and a low of $4.043, the market has been volatile.

Key Levels to Watch:

Resistance: $4.800

Support: $4.000

Over the past 24 hours, trading volume has been significant, with CVX volume at 1.87M and USDT volume at 8.33M. A price range between $4.00 to $4.20 seems to be forming, suggesting a possible consolidation or a potential breakout if the support holds.

Next Steps:

If the price holds above the $4.00 support level, it could rebound towards $4.40.

Watch for any significant volume surges to confirm a potential breakout above $4.20.

Stay tuned for more updates, and keep an eye on these key levels for possible price action!

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