$CVX is rebuilding bullish momentum after reclaiming important recovery territory with improving buyer confidence across DeFi-focused assets. The latest +5.30% move suggests accumulation pressure is strengthening as traders search for fundamentally respected projects with continuation potential. Analysts are watching the asset closely because current structure indicates gradual reversal behavior supported by improving volume participation. Price action is also stabilizing above previous resistance areas, which often becomes an important signal during trend transition phases. Market sentiment surrounding DeFi infrastructure assets continues improving, and CVX appears positioned to benefit if sector rotation remains active. Buyers are increasingly absorbing sell pressure during minor pullbacks, creating a healthier short-term market structure. Momentum continuation remains likely while broader market conditions stay supportive. Trade Point: Entries between Rs505–Rs518 remain attractive for continuation trades. TG1: Rs540. TG2: Rs575. TG3: Rs620.
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