$CVX /USDT 4H Setup

Market Insight: $CVX surged nearly +10%, showing strong momentum with a bounce from the $4.68 low. Bullish engulfing candle observed with volume uptick suggests continuation possible if key resistance flips.

Entry Zone:

✅ $5.10 – $5.26 (pullback entry into support)

Targets:

🎯 TP1: $5.45 (previous high)

🎯 TP2: $5.70 (mid-range resistance)

🎯 TP3: $6.05 (major breakout target)

Stop Loss:

❌ $4.89 (below 4H structure and key moving averages)

Key Levels:

Support: $5.04 / $4.81

Resistance: $5.45 / $5.70 / $6.05

Pivot Point: $5.26 (current mark price)

Pro Tip:

Watch for consolidation above $5.26. A 4H close above $5.45 with volume may initiate a breakout leg. If BTC remains stable, CVX could catch strong continuation momentum.

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