$CVX /USDT - Increasing momentum after recovery
The CVX indicator shows steady strength after bouncing off the support level of $4.02. It is currently trading at $4.26, and bulls are aiming to retest the resistance area of $4.32.
If buyers break through the $4.32 level with good trading volume, the bullish targets to watch are:
→ $4.40
→ $4.55
→ $4.70 (final target)
Overall, momentum is leaning towards the upside. As long as the CVX indicator maintains the $4.10 level, buyers will remain in control of the market, and the path to higher levels will remain open. #Hamdyelbealy
