$CVX 🚀 STRONG MOMENTUM 🔥

📊 Chart & Technical Overview

Support Zone: $2.55–$2.60, anchored by the 20–50 day moving averages — recent bounce zone.

Resistance Range: $2.80–$2.90 (prior highs and Fib pivots).

Technical Summary (Investing.com): Daily timeframe shows Strong Buy:

RSI ~63 (bullish momentum)

MACD positive

11/12 moving averages bullish

---

🎯 Short-Term Strategy: Buy the Dip

📍 Entry Zone: $2.55–$2.60 (dip near support)

**🛑 Stop-Loss:** Below $2.50 (invalidates the support zone)

🎯 Targets:

TP1: $2.80 (initial resistance)

TP2: $2.90–$3.00 (squeeze toward upper range)

Smart Money Technique: Accumulate in staggered layers across entry zone. Once price convincingly breaks $2.80 with volume >$3M, shift to full position and trail stop under $2.70.

---

🧠 Market Sentiment

Technical bias: Strong bullish on daily & weekly frames — most moving averages and oscillators flashing “Buy.”

🛑 Disclaimer

This is educational content, not financial advice. CVX is a DeFi token with high risk and volatility. Always do your own research, use sound risk management, and trade with only what you can afford to lose.

#PowellRemarks #Share_or_Quote_This_Post #like_comment_follow