$CVX /USDT Trading Signal - Rebounding from Intraday Support

Current Price: $5.343 (+16.33%)

24H High: $5.566

24H Low: $4.520

CVX has seen significant upward movement, nearing its daily high of $5.566. Currently, the price is rebounding from intraday support levels around $5.300, signaling potential bullish continuation if the trend holds.

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Key Levels to Watch:

Support Zone: $5.300 - $5.350

Resistance Zone: $5.450 - $5.550

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Trading Signal for Long Positions:

Entry Range: $5.340 - $5.360

Target 1: $5.500

Target 2: $5.600

Stop Loss: $5.250

Recommendation: Monitor the $5.300 support level closely for further accumulation. If the price breaks above $5.450, it may signal increased bullish momentum.

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