$CVX š š
Chart Overview (CVX/USDT)
Current Price: $3.526
24h Volume: $1.73M
CVX has been consolidating around the $3.40 ā $3.55 zone, showing strong base-building after a pullback.
Price is making higher lows on the 4H chart ā early signs of trend reversal.
---
š Technical Analysis
Support Levels:
ā¢ $3.40 ā immediate support zone
ā¢ $3.20 ā stronger base support
Resistance Levels:
ā¢ $3.65 ā first resistance to clear
ā¢ $3.85 ā breakout confirmation level
ā¢ $4.20 ā upside target if momentum continues
Momentum:
RSI recovering from neutral levels, hinting at fresh buying.
Candles showing wick rejections at support ā buyers absorbing dips.
---
šÆ Bullish Trade Setup
Entry Zone 1 (Accumulation Buy): $3.45 ā $3.55
Entry Zone 2 (Breakout Buy): Above $3.65 with strong candle + volume confirmation
Stop-Loss (SL): Below $3.20
Take-Profit (TP):
ā¢ TP1: $3.65
ā¢ TP2: $3.85
ā¢ TP3: $4.20
---
ā Summary:
CVX is showing bullish accumulation near support with higher low structure. A breakout above $3.65 could open the way toward $3.85 ā $4.20. As long as $3.20 holds, the bullish bias remains intact.
#ListedCompaniesAltcoinTreasury #RedSeptember #GoldPriceRecordHigh
