$CVX

The chart shows a clear downtrend from $5.66 (late July) down to $3.28.

Price is consolidating sideways now between $3.28 – $3.60, forming a range.

If the price breaks below $3.28, next support is near $3.16.

If it breaks above $3.60, upside potential towards $3.68 → $4.20.

✅ Bullish Scenario: Holding above $3.28 and breaking $3.60 could trigger a bounce to $3.68 → $4.20.

❌ Bearish Scenario: Losing $3.28 may lead to retest of $3.16 and possibly $3.00.

Would you like me to draw the key support & resistance zones with a possible next move on this chart for more clarity?