$CVX /USDT – Pullback or Launchpad? 🚀
Current Price: $3.509 (+13.52%)
$CVX surged strongly from the $3.06 support zone, touching a high of $3.641 before facing some resistance. After the rally, it's now cooling off slightly, forming a potential base above $3.50. If the price holds this level and volume picks up again, we could see another bullish wave. Traders should keep an eye on the breakout above $3.64 for confirmation.
Support & Resistance:
Support: $3.45
Resistance: $3.64
Trade Setup:
Entry Zone: $3.48 – $3.52
🎯 TP1: $3.65
🎯 TP2: $3.78
🎯 TP3: $3.92
Stop Loss: $3.42
Pro Tip: Watch for bullish candle formations near $3.50. A strong bounce here could signal momentum recovery and a continuation toward the next resistance levels.
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