$CVX /USDT โ Eyeing a Breakout! ๐
CVX is gaining momentum again after a solid consolidation phase, now pressing against the key $3.18 resistance level. Buyers are stepping in with confidence.
๐ Current Price: $3.167 (+2.33%)
โข 24H High: $3.186
โข 24H Low: $3.002
โข Volume: 694K+ CVX
๐ Trade Setup:
โข Entry Zone: $3.12 โ $3.17 (Breakout entry or minor pullback buy)
๐ฏ Targets:
โข TP1: $3.25
โข TP2: $3.38
โข TP3: $3.50
โข Stop Loss: Below $3.05
โก๏ธ Why It Matters:
The recent consolidation just below resistance has laid the groundwork for a potential breakout. A strong move above $3.18, especially with volume, could trigger the next leg higher.
๐ก Pro Tip:
Look for a 1-hour candle close above $3.18 with solid volume for confirmation. If it pulls back instead, buying near $3.10 could offer a better risk-to-reward opportunity.
CVX is shaping up for a possible breakoutโstay sharp!
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