$CVX /USDT Analysis

*Current Status*

- *Current Price*: $3.160 (up 12.17%)

- *24H High*: $3.208

- *24H Low*: $2.705

- *24H Volume*: 1.25M CVX

*Market Structure*

The CVX/USDT pair shows a strong bullish reversal from the $2.70 zone, with a stair-stepping higher pattern and clear bullish candles. However, resistance is forming around the $3.20 level, a key breakout point.

*Key Levels*

- *Resistance*: $3.22 and $3.31

- *Support*: $3.04 and $2.89

*Trade Setup*

- *Entry Zone*: $3.12 – $3.16

- *Target 1*: $3.30

- *Target 2*: $3.45

- *Stop Loss*: Below $2.98

This setup suggests a potential breakout above $3.20, with targets at $3.30 and $3.45. A stop loss below $2.98 can help manage risk.