#CVX has spent years compressing inside a massive descending triangle — and price is now at the apex.
📉 Down ~95% from ATH
🟣 Holding long-term base support
📐 Multi-year downtrend + flat demand zone
⚡ Volatility compression = big move loading
🟢 A confirmed breakout above the horizontal resistance could trigger a strong mean-reversion rally.
🔴 Failure to hold support delays the move — but risk/reward is now asymmetric.
This is the phase where boring turns explosive.
CVX
--
--
CVXUSDT
Perp
1.81
+1.40%