#CVX What's next $2.6, $2.8 or $3ā
$CVX Bullish Continuation in Motionā
$CVX is heating upā After a powerful surge from the $2.21 level price rallied to a fresh high of $2.555 before entering a slight pullback and now it's holding strong just under resistance, gearing up for the next push....
Current Price: $2.490 (+11.41%)
Timeframe: 4H ā Strong Rally, Momentum Holding Above Support
Whatās the Chart Saying?
Clean breakout from the $2.20ā$2.30 range
Higher lows forming, with price still holding above the $2.45 support
STOCH RSI in bullish territory, signaling strength
Price sitting right under key breakout zone ā coil before the pop?
Trade Setup to Watch:
Entry Zone: $2.48 ā $2.52
Stop Loss: $2.44 (protect below structure)
Targets:
TP1: $2.56 (breakout level)
TP2: $2.65 (next extension target)
Key Support & Resistance:
Support: $2.45
Resistance: $2.555 ā $2.56
Pro Tip:
If CVX breaks above $2.555 with volume, expect a quick move toward $2.65. This is a prime setup for breakout traders looking for tight risk with solid upside.
Momentumās on our side ā the question is, are you ready to ride the next leg?