$CVX Pullback Over?

Bulls Attempting a Comeback....

$CVX is showing signs of recovery after a sharp dip from the $5.22 high. Currently trading at $4.717, it's up +5.15% on the day. The 1H chart suggests a bounce is forming off the support zone, hinting at a possible reversal play.

Trade Setup – Reversal Watch

Entry Range: $4.68 – $4.72

Stop Loss: Below $4.52

Target 1: $4.98

Target 2: $5.20

Target 3: $5.45

Volume is stabilizing, and if bulls reclaim $4.80, momentum could shift back in favor. Eyes on the bounce!