🚀 $CVX /USDT Bullish Momentum Update 📈
$CVX is making a strong upward push, sitting at $2.262 (+8.44%)!
Key Technical Observations (4H Chart):
SAR Reversal: Parabolic SAR dots switched below the candles, signaling a sustained bullish momentum.
Volume Spike: Strong volume influx pushing price right near the $2.306 resistance zone.
RSI Signal: RSI(6) sitting hot at 76.77 (Overbought region) — keep an eye out for a brief consolidation or healthy retest before the next breakout!
MACD: Golden cross holding steady with DIF sitting above DEA.
💡 Strategy: Watch for a clean breakout above $2.31 for further continuation, or look for entry opportunities around the $2.05 - $2.15 support levels.
What’s your plan on $CVX? Are you locking in profits or holding for higher targets? Let me know below! 👇
$CVX is making a strong upward push, sitting at $2.262 (+8.44%)!
Key Technical Observations (4H Chart):
SAR Reversal: Parabolic SAR dots switched below the candles, signaling a sustained bullish momentum.
Volume Spike: Strong volume influx pushing price right near the $2.306 resistance zone.
RSI Signal: RSI(6) sitting hot at 76.77 (Overbought region) — keep an eye out for a brief consolidation or healthy retest before the next breakout!
MACD: Golden cross holding steady with DIF sitting above DEA.
💡 Strategy: Watch for a clean breakout above $2.31 for further continuation, or look for entry opportunities around the $2.05 - $2.15 support levels.
What’s your plan on $CVX? Are you locking in profits or holding for higher targets? Let me know below! 👇
