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$CVX is heading towards breakout levels! 📊🚀
💡 Quick tip: A strong price reversal at $3.34 towards the support level with strong trading volume could lead to a sharp move, making it an ideal area to re-enter upon price breakout retest.
The pair $CVX is gaining momentum, forming higher lows, and creating strong green candles on the 15-minute timeframe. Any decisive move above the $3.336 barrier may trigger a rapid upward continuation. The trend remains intact with a bullish structure and rising base support.
Key levels:
• Support: $3.20
• Resistance: $3.336
Trading plan - Buy setup:
• Entry zone: $3.29 - $3.33
• Take profit 1: $3.42
• Take profit 2: $3.54
• Take profit 3: $3.68
• Stop loss: $3.19
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