$CVX/USDT – Breakout Brewing
Entry Zone: $1.735 - $1.757
Targets: $1.775 / $1.787 / $1.809
Stop Loss: Below $1.723
Market Insights:
$CVX has shown a bounce from the 99 MA support around $1.735, with a prior peak at $1.809. It’s consolidating between short-term moving averages (MA7 and MA25), suggesting a potential breakout if buying volume increases.
Next Move:
Watch for price to hold above $1.735 with a bullish candle close above $1.757 to confirm entry. Volume confirmation will be key.
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