at $2.44, reflecting$CVX a +9.32% gain in the last 24 hours. The price recently hit a high of $2.555 before experiencing a pullback.$CVX
๐ Market Overview:
โ Bullish Momentum: The price surge and moving averages indicate strong buying pressure.
โ ๏ธ Correction Risk: A pullback from $2.555 suggests potential profit-taking. Key support levels to watch: $2.395 - $2.306.
๐ Trading Strategy:
๐ต Go Long if the price holds above support and shows signs of recovery, targeting $2.55 - $2.57 resistance.
๐ด Go Short if the price struggles to regain momentum, with possible downside towards $2.30 - $2.21.
๐ข Key Tip: Monitor volume and moving averages before making a move!
๐ฐ Whatโs your next trade? Long or short? Drop your thoug
hts below! โฌ๏ธ๐ฅ
