$CVX Showing Strong Recovery, Targeting Next Resistance! 🚀📈
On the 3d timeframe, $CVX is currently trading at $3.206, marking a positive climb of +5.70%! The 24h high is $3.310, with a healthy trading volume of 645.782K CVX and 2.03M USDT, indicating sustained buying interest after a period of recovery.
✅ Key Observation:
#CVX is demonstrating strong bullish momentum after a bounce, targeting the next resistance levels.
Next Potential targets:
🎯 $3.500 (potential immediate resistance level)
🎯 $4.000 (potential next significant resistance)
🎯 $5.000 (potential further resistance level)
🎯 $7.000+ (higher potential target if the recovery continues)
**Important: Consider setting staggered take-profit orders at these levels to secure gains along the way.**
🛡️Important Support Level (to watch for potential pullback):
🛡️ $2.758 (potential near-term support level)
🛡️ $2.500 (stronger support level)
🛑 Stop Loss:
Consider setting a stop loss to protect gains, perhaps around $2.400.
Buy and trade here on $CVX