a concise technical analysis and trade signal for $CVX
/USDT:
$CVX /USDT – Technical Outlook
Current Price: $3.15
24h Gain: +11.56%
Trend: Bullish breakout from recent consolidation
Volume: High and rising – confirms strong buying interest
Support Level: $2.90 (recent bounce zone)
Trade Signal: LONG (Buy)
Entry Zone: $3.10 – $3.18
Stop-Loss: $2.92 (below key support)
Target 🎯 Levels:
Target 1: $3.35 – Minor resistance
Target 2: $3.60 – Medium-term resistance
Target 3: $3.85 – Strong breakout extension
Trade Momentum:
Strong Bullish – Supported by breakout structure, high volume, and DeFi market strength. If CVX holds above $3.20, momentum could carry price quickly toward higher targets.
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