I’m seeing $CVX picking up steam today. It bounced +8.6%, now trading at $2.33 after dipping to $2.11 in the last 24 hours. It’s back above its average level of $2.32, which could act as support.

On the 4H chart, CVX found a solid bottom around $2.11-$2.13 with strong buying. It then rallied to $2.41 before pulling back slightly to $2.33, forming a higher low—signaling a possible short-term uptrend.

Volume is healthy, with 741K CVX traded and about $1.7M in USDT volume, showing real interest returning to DeFi.

CVX is key in DeFi yield optimization, linked to Curve, and often moves first when DeFi heats up. With DeFi coins bouncing, CVX could have more room to run.

Watch resistance at $2.40-$2.45—breaking there could push it toward $2.60+. Support lies at $2.25-$2.20, which bulls need to hold.

Bottom line: After weeks of bleeding, CVX looks stronger. If DeFi keeps rising, this could be the start of a bigger move. I’m keeping it on my radar.

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