$CVX showing short-term weakness on the 4H chart.
Price is trading below EMA20 with MACD still bearish, while RSI is entering oversold territory suggesting a possible relief bounce before the next move.
Key levels to watch:
๐น Support: $2.00 โ $1.96
๐น Resistance: $2.15 โ $2.24
If $2.00 breaks, a quick move toward $1.90 could follow.
If buyers reclaim $2.15, a short squeeze to $2.30 is possible.
Smart money is watching this zone closely. ๐
#CVX #CryptoTrading #TechnicalAnalysis #BinanceSquare #Altcoins #CryptoMarket
Price is trading below EMA20 with MACD still bearish, while RSI is entering oversold territory suggesting a possible relief bounce before the next move.
Key levels to watch:
๐น Support: $2.00 โ $1.96
๐น Resistance: $2.15 โ $2.24
If $2.00 breaks, a quick move toward $1.90 could follow.
If buyers reclaim $2.15, a short squeeze to $2.30 is possible.
Smart money is watching this zone closely. ๐
#CVX #CryptoTrading #TechnicalAnalysis #BinanceSquare #Altcoins #CryptoMarket