$CVX
is showing SELL pressure around $2.335 after a strong recovery from the $1.90 area. Recent Binance-linked price history shows CVX reached roughly $2.26–$2.24 before slipping back, making the $2.30+ region an important resistance zone.
If price keeps rejecting above $2.30 and starts forming lower highs, sellers could target the previous support around $2.10 and then $2.00. A clean reclaim above $2.35 would weaken this short setup.
EP: $2.28 – $2.35
TP: $2.15 / $2.02 / $1.88
SL: $2.45
$CVX is facing a real supply wall rejection keeps the downside structure alive, but a breakout changes the setup fast.
is showing SELL pressure around $2.335 after a strong recovery from the $1.90 area. Recent Binance-linked price history shows CVX reached roughly $2.26–$2.24 before slipping back, making the $2.30+ region an important resistance zone.
If price keeps rejecting above $2.30 and starts forming lower highs, sellers could target the previous support around $2.10 and then $2.00. A clean reclaim above $2.35 would weaken this short setup.
EP: $2.28 – $2.35
TP: $2.15 / $2.02 / $1.88
SL: $2.45
$CVX is facing a real supply wall rejection keeps the downside structure alive, but a breakout changes the setup fast.