CVX has bounced back with serious momentum, and the structure is turning bullish again. The 1h and 4h charts show a strong recovery from the $2.04 area, with price now pressing the $2.37 high. Volume expanded during the breakout, while the moving averages are beginning to align underneath price.
On the 15m chart, momentum is still positive, although MACD is showing some hesitation, so a short consolidation would be healthy rather than surprising. The next confirmation for me is whether CVX can establish $2.37 as support after a breakout.
🟢 Support: $2.32–$2.30 | $2.25–$2.22 | $2.19–$2.16
🔴 Resistance: $2.372–$2.389 | $2.405–$2.412 | $2.45
Overall, the structure remains constructive while price holds above the recent breakout zone.
$CVX
$CRV
$WLFI
On the 15m chart, momentum is still positive, although MACD is showing some hesitation, so a short consolidation would be healthy rather than surprising. The next confirmation for me is whether CVX can establish $2.37 as support after a breakout.
🟢 Support: $2.32–$2.30 | $2.25–$2.22 | $2.19–$2.16
🔴 Resistance: $2.372–$2.389 | $2.405–$2.412 | $2.45
Overall, the structure remains constructive while price holds above the recent breakout zone.
$CVX
$CRV
$WLFI