$CVX /USDT has experienced an explosive surge of 32.82%, currently trading at $6.50, after hitting a 24-hour high of $6.655. This sharp rally is backed by a strong trading volume of 5.90M CVX, indicating significant buyer interest. The price has more than doubled from its previous support near $1.42, breaking key resistance levels and showcasing a robust bullish trend. Traders should watch for the next resistance near $6.90, which could act as a critical barrier for further upside. On the downside, support levels at $6.00 or $5.50 could provide opportunities for strategic re-entries in case of pullbacks. With momentum on its side, CVX presents a lucrative opportunity for breakout and trend-following traders, provided they manage risk effectively.