$CVX/USDT: Strong 12.77% Gain – Bulls in full control..

$CVX surged to $5.10, recording a strong 12.77% gain in the past 24 hours. This rally was driven by a strong bounce from the $4.33 support level, surpassing the key resistance at $4.86. With heavy volume supporting this move, CVX is now testing the $5.10 level, paving the way for further upside if the bullish momentum continues.

Targets and Stop Loss:

Target 1: $5.20 (immediate resistance)

Target 2: $5.50 (next resistance area)

Stop Loss: $4.85 (below key support)

If CVX sustains above $5.10, it could gain further momentum towards $5.50. However, a drop below $4.85 could trigger a pullback, offering a potential re-entry near $4.60. Watch for continued volume to confirm the breakout.