$CVX USDT – REVERSAL PLAY IN MOTION, EYES ON $4.70 BREAKOUT
STRONG BOUNCE. BULLISH STRUCTURE RECLAIMED.
$CVX has rebounded sharply from the $3.80 support, reclaiming key structural levels with increasing momentum. The price is now trading above $4.30, forming a solid base for further upside.
If bulls maintain control above $4.20, we may see a continuation toward the $4.70 resistance zone. A clean flip of $4.47 could open the door for further extension.
Trade Setup:
• Entry: $4.200 – $4.320
• Stop Loss: Below $4.060
• Target 1: $4.470
• Target 2: $4.700
Outlook: Holding above $4.20 is key for bulls. Keep an eye on volume confirmation and resistance reaction at $4.47.