šØ $CVX /USDT ALERT: POTENTIAL BREAKOUT ā ACTION NEEDED! šØ
CVX is trading at $3.508, marking a 14.34% increase today. The price briefly reached a high of $3.654 before retracing, suggesting a potential consolidation phase before the next move.
Key Levels to Monitor:
Resistance: $3.654 ā A breakout above this level could target $3.800, $3.950, and $4.100.
Support: $3.400 ā Holding above this level is critical; failure to do so might lead to a retest of $3.250 or $3.100.
š Trade Setup:
Long Entry: Above $3.654, with targets at $3.800, $3.950, and $4.100. Stop loss at $3.400.
Short Entry: Below $3.400, aiming for $3.250, $3.100, and $2.950. Stop loss at $3.500.
CVX is showing strong momentum, but watch for volatility!