Binance Square

cvxusdt

43,717 views
240 Discussing
Abhijit_Halder_
--
--
Bullish
$CVX /USDT BULLISH CONTINUATION $CVX is showing a strong bullish continuation after reclaiming key support around 1.85, with price gradually pushing higher on increasing volume. The momentum suggests further upside potential toward higher resistance zones. Trade Setup: Entry Range: 1.90 - 1.92 Target 1: 1.95 Target 2: 2.00 Target 3: 2.05 Stop Loss (SL): 1.85 Short Outlook: Minor retracements toward 1.88–1.85 are possible, offering potential long entries for continuation of the bullish trend. #CryptoTrading #CVXUSDT #BullishContinuation #DeFiAnalysis #TechnicalAnalysis
$CVX /USDT BULLISH CONTINUATION

$CVX is showing a strong bullish continuation after reclaiming key support around 1.85, with price gradually pushing higher on increasing volume. The momentum suggests further upside potential toward higher resistance zones.

Trade Setup:
Entry Range: 1.90 - 1.92
Target 1: 1.95
Target 2: 2.00
Target 3: 2.05
Stop Loss (SL): 1.85

Short Outlook: Minor retracements toward 1.88–1.85 are possible, offering potential long entries for continuation of the bullish trend.

#CryptoTrading #CVXUSDT #BullishContinuation #DeFiAnalysis #TechnicalAnalysis
My Assets Distribution
USDC
BTTC
Others
92.14%
2.74%
5.12%
--
Bearish
🛑$CVX {future}(CVXUSDT) BEARISH MOMENTUM BUILDING – DOWNSIDE TARGETS IN SIGHT The $CVX chart indicates a potential bearish move as the price struggles to break above the 1.942 resistance and forms a lower high pattern. The recent bullish attempt stalled near the 24h high, while short-term momentum indicators like RSI are showing signs of weakening, and the MACD is flattening, hinting at a likely pullback. Sellers appear to be gaining control, suggesting a corrective phase toward lower support zones. Trade Plan: Entry: On a breakdown below 1.886 Target 1 (TP1): 1.731 Target 2 (TP2): 1.650 Stop Loss (SL): 1.942 Risk Management: Risk only 1–2% of your capital per trade, use proper position sizing, and avoid overexposure during high volatility. #CryptoAnalysis #BearishTrend #CVXUSDT
🛑$CVX
BEARISH MOMENTUM BUILDING – DOWNSIDE TARGETS IN SIGHT

The $CVX chart indicates a potential bearish move as the price struggles to break above the 1.942 resistance and forms a lower high pattern. The recent bullish attempt stalled near the 24h high, while short-term momentum indicators like RSI are showing signs of weakening, and the MACD is flattening, hinting at a likely pullback. Sellers appear to be gaining control, suggesting a corrective phase toward lower support zones.

Trade Plan:

Entry: On a breakdown below 1.886

Target 1 (TP1): 1.731

Target 2 (TP2): 1.650

Stop Loss (SL): 1.942

Risk Management: Risk only 1–2% of your capital per trade, use proper position sizing, and avoid overexposure during high volatility.

#CryptoAnalysis #BearishTrend #CVXUSDT
📈🚀$CVX {spot}(CVXUSDT) BULLISH MOMENTUM – UPSIDE TARGETS IN SIGHT $CVX is showing strong bullish momentum after rebounding from the 1.77 support zone. Higher lows and increasing buying pressure suggest continuation toward the next resistance levels. Trade Setup: Entry: On pullback near 1.88–1.90 Targets (TP): 1.95 / 2.00 / 2.08 Stop Loss (SL): 1.78 Risk Management: Keep position size moderate, avoid over-leveraging, and always use a proper SL to protect capital. #CryptoTrading #DeFi #CVXUSDT #BullishSetup
📈🚀$CVX
BULLISH MOMENTUM – UPSIDE TARGETS IN SIGHT

$CVX is showing strong bullish momentum after rebounding from the 1.77 support zone. Higher lows and increasing buying pressure suggest continuation toward the next resistance levels.

Trade Setup:

Entry: On pullback near 1.88–1.90

Targets (TP): 1.95 / 2.00 / 2.08

Stop Loss (SL): 1.78

Risk Management: Keep position size moderate, avoid over-leveraging, and always use a proper SL to protect capital.

#CryptoTrading #DeFi #CVXUSDT #BullishSetup
--
Bullish
Target Achieved: $CVX CVX/USDT {spot}(CVXUSDT) 📈 Current Price: $4.244 (+11.54%) 🎯 Initial Target Reached: $4.476 🚀 Next Target Levels: Short-term: $4.600 Long-term: $5.000 💡 Strategy: 1. Secure Partial Profits: Lock in gains near $4.476 as resistance levels emerge. 2. Adjust Stop-Loss: Protect profits by placing a stop-loss at $4.100. 3. Monitor for Breakout: A sustained move above $4.500 with volume could signal another bullish leg. 🔍 Stay tuned for further updates and trading opportunities! #CryptoTrading #CVXUSDT #TradingSignals #BinanceLaunchpoolBIO #USUALAnalysis
Target Achieved: $CVX CVX/USDT


📈 Current Price: $4.244 (+11.54%)
🎯 Initial Target Reached: $4.476
🚀 Next Target Levels:

Short-term: $4.600

Long-term: $5.000

💡 Strategy:

1. Secure Partial Profits: Lock in gains near $4.476 as resistance levels emerge.

2. Adjust Stop-Loss: Protect profits by placing a stop-loss at $4.100.

3. Monitor for Breakout: A sustained move above $4.500 with volume could signal another bullish leg.

🔍 Stay tuned for further updates and trading opportunities!

#CryptoTrading #CVXUSDT #TradingSignals #BinanceLaunchpoolBIO #USUALAnalysis
--
Bearish
🚨 $CVX /USDT Market Update: Bounce Back or More Pain? 🚨 The $CVX market has been in the red, dropping -17.08% today to hit $4.15, but signs of recovery are emerging as buyers step in at critical support levels. Here’s the latest breakdown: 🔍 Key Price Levels: 📉 24H Low: $4.03 – Key support zone holding strong. 📊 Current Price: $4.15 – Attempting a bounce. 📈 24H High: $5.25 – The next major resistance for bulls. 🔥 Market Sentiment: Sharp Sell-Off: Heavy profit-taking has led to a significant dip. Volume Check: $8.3M in USDT volume suggests traders are active, looking for opportunities. 💡 What’s Next? 1️⃣ Support Zone: Watch for sustained buying pressure above $4.00 to confirm a bottom. 2️⃣ Upside Potential: A push toward $4.50–$4.75 could signal a short-term recovery. 3️⃣ Bearish Scenario: If $4.00 fails, $3.80 might be the next stop. 🔑 Trading Tips: ✅ Use tight stop-losses to protect your capital in this volatile range. ✅ Look for a breakout above $4.25 to confirm bullish momentum. ✅ Accumulate cautiously if you believe in CVX’s long-term growth. Are you bullish or bearish on $CVX? Let us know your targets below! 🚀 #CryptoTrading #CVXUSDT #Binance #MarketUpdate #Altcoins #TradeSmart #Write2Earn! {spot}(CVXUSDT)
🚨 $CVX /USDT Market Update: Bounce Back or More Pain? 🚨

The $CVX market has been in the red, dropping -17.08% today to hit $4.15, but signs of recovery are emerging as buyers step in at critical support levels. Here’s the latest breakdown:

🔍 Key Price Levels:
📉 24H Low: $4.03 – Key support zone holding strong.
📊 Current Price: $4.15 – Attempting a bounce.
📈 24H High: $5.25 – The next major resistance for bulls.

🔥 Market Sentiment:

Sharp Sell-Off: Heavy profit-taking has led to a significant dip.

Volume Check: $8.3M in USDT volume suggests traders are active, looking for opportunities.

💡 What’s Next?
1️⃣ Support Zone: Watch for sustained buying pressure above $4.00 to confirm a bottom.
2️⃣ Upside Potential: A push toward $4.50–$4.75 could signal a short-term recovery.
3️⃣ Bearish Scenario: If $4.00 fails, $3.80 might be the next stop.

🔑 Trading Tips:
✅ Use tight stop-losses to protect your capital in this volatile range.
✅ Look for a breakout above $4.25 to confirm bullish momentum.
✅ Accumulate cautiously if you believe in CVX’s long-term growth.

Are you bullish or bearish on $CVX ? Let us know your targets below! 🚀

#CryptoTrading #CVXUSDT #Binance #MarketUpdate #Altcoins #TradeSmart #Write2Earn!
#CVXUSDT UPDATE Descending channel Breakout Has Already Confirmed in 1W Timeframe ⏰ Expecting 400% Bullish wave  🚀 📈 $PHA $USUAL $ZEN $AUCTION $DEXE $BTC $CRYPTO
#CVXUSDT

UPDATE

Descending channel Breakout Has Already Confirmed in 1W Timeframe ⏰

Expecting 400% Bullish wave  🚀 📈
$PHA $USUAL $ZEN $AUCTION $DEXE $BTC $CRYPTO
Target Achieved! 🎯🎯The $CVX /USDT pair has successfully hit the target at $3.556. Currently, the price is showing a bounce towards $3.765. Next Potential Target: Short-term: $3.83 resistance Long-term: Retest towards $4.00 if momentum holds. Trading Advice: Secure partial profits at current levels. Adjust stop-loss to $3.55 to manage risk. Stay tuned for further updates. #CryptoTrading #TradingSignals #CVXUSDT {spot}(CVXUSDT)
Target Achieved!

🎯🎯The $CVX /USDT pair has successfully hit the target at $3.556. Currently, the price is showing a bounce towards $3.765.

Next Potential Target:

Short-term: $3.83 resistance

Long-term: Retest towards $4.00 if momentum holds.

Trading Advice:

Secure partial profits at current levels.

Adjust stop-loss to $3.55 to manage risk.

Stay tuned for further updates.

#CryptoTrading #TradingSignals #CVXUSDT
Alpha Banter
--
Trade Signal for $CVX /USDT

Spot Entry: $3.73
Futures Entry: $3.73 (5x leverage)
Take Profit 1: $3.55
Take Profit 2: $3.50
Stop Loss: $3.90
Risk-Reward: 1:2.5
Analysis: Strong bounce from $3.67 low. Monitor price action at $3.96 resistance for breakout.

#CryptoTrading #TradingSignals #CVXUSDT

{spot}(CVXUSDT)
Psychometriks
--
#cvx #cvxusdt #BTC☀ up in the #bitcoin☀️ bounce

#US_Job_Market_Slowdown
See original
#CVXUSDT Convex Finance (CVX) is an innovative DeFi platform that optimizes rewards for liquidity providers and CRV token holders on the Curve Finance protocol. By aggregating liquidity and offering additional incentives, Convex Finance allows users to achieve higher yields without the need to lock up funds for extended periods. Today, February 28, 2025, the price of CVX is $2.21, down $0.16 from the previous close. In the last 24 hours, the maximum price was $2.39, and the minimum was $2.05. This volatility reflects market dynamics and the ongoing interest of investors in DeFi platforms. With a market capitalization of approximately $216.67 million and a circulating supply of 98.53 million CVX, Convex Finance ranks 190th according to CoinMarketCap. The platform continues to attract attention due to its unique reward model and close integration with Curve Finance, offering attractive opportunities for investors interested in optimizing yields in the DeFi ecosystem. It is essential for investors to closely monitor market developments and conduct thorough research before making investment decisions. $BNB
#CVXUSDT Convex Finance (CVX) is an innovative DeFi platform that optimizes rewards for liquidity providers and CRV token holders on the Curve Finance protocol. By aggregating liquidity and offering additional incentives, Convex Finance allows users to achieve higher yields without the need to lock up funds for extended periods.

Today, February 28, 2025, the price of CVX is $2.21, down $0.16 from the previous close. In the last 24 hours, the maximum price was $2.39, and the minimum was $2.05. This volatility reflects market dynamics and the ongoing interest of investors in DeFi platforms.

With a market capitalization of approximately $216.67 million and a circulating supply of 98.53 million CVX, Convex Finance ranks 190th according to CoinMarketCap. The platform continues to attract attention due to its unique reward model and close integration with Curve Finance, offering attractive opportunities for investors interested in optimizing yields in the DeFi ecosystem.

It is essential for investors to closely monitor market developments and conduct thorough research before making investment decisions.

$BNB
$CVX /USDT Bull run alert 💯🔥 {spot}(CVXUSDT) BULLISH REVERSAL – BUYERS TAKING CONTROL AFTER BOUNCE FROM LOCAL LOW! $CVX just printed a clean rebound from the $2.511 support zone, showing a sharp shift in momentum as bulls step back in after sustained selling pressure. The price is now reclaiming key intraday levels with higher lows forming on the 1H chart — signaling a potential short-term breakout toward $2.71 and beyond. Trade Setup (LONG): Entry Price: $2.63 – $2.67 Target 1: $2.71 Target 2: $2.85 Stop Loss: $2.58 Market Outlook: This reversal comes after a steep correction from the $2.85 peak. With increasing volume and reclaim of minor resistances, a continuation toward previous highs is on the table. Watch for sustained closes above $2.66 for added confirmation. Don’t let this vertical breakout leave you behind — smart entries now can lead to explosive exits! This is your moment — ride the bullish wave before it vanishes #CryptoTrading #BinanceSignals #CVXUSDT #DeFiPicks #AltcoinSeason buy and trade here on $CVX
$CVX /USDT Bull run alert 💯🔥
BULLISH REVERSAL – BUYERS TAKING CONTROL AFTER BOUNCE FROM LOCAL LOW!

$CVX just printed a clean rebound from the $2.511 support zone, showing a sharp shift in momentum as bulls step back in after sustained selling pressure. The price is now reclaiming key intraday levels with higher lows forming on the 1H chart — signaling a potential short-term breakout toward $2.71 and beyond.

Trade Setup (LONG):
Entry Price: $2.63 – $2.67
Target 1: $2.71
Target 2: $2.85
Stop Loss: $2.58

Market Outlook:
This reversal comes after a steep correction from the $2.85 peak. With increasing volume and reclaim of minor resistances, a continuation toward previous highs is on the table. Watch for sustained closes above $2.66 for added confirmation.

Don’t let this vertical breakout leave you behind — smart entries now can lead to explosive exits!
This is your moment — ride the bullish wave before it vanishes

#CryptoTrading
#BinanceSignals
#CVXUSDT
#DeFiPicks
#AltcoinSeason

buy and trade here on $CVX
--
Bullish
$CVX {spot}(CVXUSDT) USDT LONG TRADE SIGNAL 🟢 Trade Setup: Entry Point: 2.56 – 2.60 Stop Loss: 2.41 Take Profit: 2.68 / 2.75 Margin: 2-3% of wallet Leverage: 10x Short Outlook of Market: $CVXUSDT is showing bullish continuation with strong buying pressure near the 2.56 zone. Volume supports the breakout structure with higher highs forming on the lower timeframes. As long as the price holds above 2.55, the bullish trend is intact with upside targets in focus. #CVX #CVXUSDT #DeF i #Altcoin #Binance buy and trade here on $CVX
$CVX
USDT LONG TRADE SIGNAL 🟢

Trade Setup:
Entry Point: 2.56 – 2.60
Stop Loss: 2.41
Take Profit: 2.68 / 2.75

Margin: 2-3% of wallet
Leverage: 10x

Short Outlook of Market:
$CVXUSDT is showing bullish continuation with strong buying pressure near the 2.56 zone. Volume supports the breakout structure with higher highs forming on the lower timeframes. As long as the price holds above 2.55, the bullish trend is intact with upside targets in focus.

#CVX #CVXUSDT #DeF i #Altcoin #Binance
buy and trade here on $CVX
$CVX USDT – TARGETS SMASHED! BULLS IN FULL CONTROL TEXTBOOK BREAKOUT FROM $3.05 TO $3.46 +10% MOVE SECURED – PROFIT LOCKED IN Massive shoutout to everyone who caught the $CVX breakout! Both targets hit with precision as price surged from $3.05 to $3.46 — a clean +10% move backed by strong momentum. This was a perfect example of trend continuation in action. As long as $CVX holds above the $3.35 support zone, bulls remain in charge. If volume stays elevated, we could see a fresh push toward the $3.55–$3.65 zone. Watch for consolidation before re-entry. #CVXUSDT #CryptoBreakout #AltcoinWinners #BullishMomentum #BinanceFutures {spot}(CVXUSDT)
$CVX USDT – TARGETS SMASHED! BULLS IN FULL CONTROL

TEXTBOOK BREAKOUT FROM $3.05 TO $3.46
+10% MOVE SECURED – PROFIT LOCKED IN

Massive shoutout to everyone who caught the $CVX breakout! Both targets hit with precision as price surged from $3.05 to $3.46 — a clean +10% move backed by strong momentum. This was a perfect example of trend continuation in action.

As long as $CVX holds above the $3.35 support zone, bulls remain in charge. If volume stays elevated, we could see a fresh push toward the $3.55–$3.65 zone. Watch for consolidation before re-entry.

#CVXUSDT #CryptoBreakout #AltcoinWinners #BullishMomentum #BinanceFutures
--
Bullish
$CVX {spot}(CVXUSDT) USDT LONG TRADE SIGNAL CVX has broken out of its consolidation phase with strong bullish energy. Price has moved above all major moving averages, hitting a new high at $4.131. The sharp upward slope on MA(7) signals aggressive buying pressure. 📊 Trade Setup: • Entry: 4.08 – 4.12 • Stop Loss: 3.94 • Take Profit Targets: • TP1: 4.25 • TP2: 4.38 • TP3: 4.50 • Margin: 2–3% of wallet • Leverage: 10x 📈 Market Outlook: Momentum is rising with strong volume support. As long as CVX stays above the $4.00 mark, the bullish outlook stays intact. Watch closely near recent highs—consider trailing your SL if rejection appears. #CVXUSDT #CryptoSignals #AltcoinSetup #BinanceFutures #ScalpTrade Buy and trade now on $CVX
$CVX
USDT LONG TRADE SIGNAL
CVX has broken out of its consolidation phase with strong bullish energy. Price has moved above all major moving averages, hitting a new high at $4.131. The sharp upward slope on MA(7) signals aggressive buying pressure.

📊 Trade Setup:
• Entry: 4.08 – 4.12
• Stop Loss: 3.94
• Take Profit Targets:
• TP1: 4.25
• TP2: 4.38
• TP3: 4.50
• Margin: 2–3% of wallet
• Leverage: 10x

📈 Market Outlook:
Momentum is rising with strong volume support. As long as CVX stays above the $4.00 mark, the bullish outlook stays intact. Watch closely near recent highs—consider trailing your SL if rejection appears.

#CVXUSDT #CryptoSignals #AltcoinSetup #BinanceFutures #ScalpTrade
Buy and trade now on $CVX
Crypto Trading Strategy for CVX/USDT Today Market Context: The CVX/USDT pair has shown volatility, with Convex Finance (CVX) tied to Curve Finance’s DeFi ecosystem. Recent price action suggests a potential breakout opportunity, driven by DeFi yield optimization and institutional interest in stablecoin liquidity rails. Today’s strategy focuses on capitalizing on short-term momentum while managing risk in a volatile market. Strategy: Scalping with Breakout Confirmation Entry Point: Enter a long position if CVX/USDT breaks above the $3.14 resistance level (recent high on the 1-hour chart) with strong volume. Confirm the breakout with a candlestick close above this level and a rising Relative Strength Index (RSI) above 50 to avoid false breakouts. Alternative: If the price dips to the $2.90-$3.00 support zone (lower boundary of the current channel), consider a buy with a tight stop loss for a potential rebound. Stop Loss: Set a stop loss at $2.85 (below the support zone) to limit downside risk. This ensures a risk-reward ratio of at least 1:2. Take Profit: First target: $3.26 (next resistance level, ~4% gain). Second target: $3.42 (higher resistance, ~9% gain). Optional third target: $3.58 for aggressive traders (~14% gain). Partial exits at each level to lock in profits. Exit Conditions: Exit if the price fails to sustain above $3.14 after entry or if RSI shows overbought conditions (above 70) with bearish divergence. Monitor for sudden market-wide drops, as CVX is sensitive to DeFi sentiment. Risk Management: Risk no more than 1-2% of your portfolio per trade. Use a position size calculator to align with your risk tolerance. Stay updated on DeFi news, as CVX is tied to Curve’s ecosystem. Why This Works: The strategy leverages CVX’s recent momentum and DeFi’s growing appeal, targeting quick gains with disciplined exits. Scalping minimizes exposure to overnight volatility. Click here to trade $CVX #CryptoTrading #CVXUSDT #DeFiGains #TradeSmart #YieldFarming #CryptoProfit #BreakoutStrategy #DeFiBoom #TradeTheTrend
Crypto Trading Strategy for CVX/USDT Today
Market Context: The CVX/USDT pair has shown volatility, with Convex Finance (CVX) tied to Curve Finance’s DeFi ecosystem. Recent price action suggests a potential breakout opportunity, driven by DeFi yield optimization and institutional interest in stablecoin liquidity rails. Today’s strategy focuses on capitalizing on short-term momentum while managing risk in a volatile market.
Strategy: Scalping with Breakout Confirmation
Entry Point: Enter a long position if CVX/USDT breaks above the $3.14 resistance level (recent high on the 1-hour chart) with strong volume. Confirm the breakout with a candlestick close above this level and a rising Relative Strength Index (RSI) above 50 to avoid false breakouts.
Alternative: If the price dips to the $2.90-$3.00 support zone (lower boundary of the current channel), consider a buy with a tight stop loss for a potential rebound.
Stop Loss: Set a stop loss at $2.85 (below the support zone) to limit downside risk. This ensures a risk-reward ratio of at least 1:2.
Take Profit:
First target: $3.26 (next resistance level, ~4% gain).
Second target: $3.42 (higher resistance, ~9% gain).
Optional third target: $3.58 for aggressive traders (~14% gain).
Partial exits at each level to lock in profits.
Exit Conditions: Exit if the price fails to sustain above $3.14 after entry or if RSI shows overbought conditions (above 70) with bearish divergence. Monitor for sudden market-wide drops, as CVX is sensitive to DeFi sentiment.
Risk Management: Risk no more than 1-2% of your portfolio per trade. Use a position size calculator to align with your risk tolerance. Stay updated on DeFi news, as CVX is tied to Curve’s ecosystem.
Why This Works: The strategy leverages CVX’s recent momentum and DeFi’s growing appeal, targeting quick gains with disciplined exits. Scalping minimizes exposure to overnight volatility.
Click here to trade $CVX
#CryptoTrading #CVXUSDT #DeFiGains #TradeSmart #YieldFarming #CryptoProfit #BreakoutStrategy #DeFiBoom #TradeTheTrend
See original
$CVX Breaks the Sideways Pattern — Are We Witnessing a Breakout to $3.80? #CVX/USDT is back in the news after a strong move that saw it break the sideways range, recording a +4.18% gain and settling at $3.387, amid technical signals supporting the continuation of the positive momentum. $CVX {spot}(CVXUSDT) Quick Technical Analysis: Bollinger Bands: The price has broken the middle of the band (MB: 3.327) and is heading towards the upper boundary, indicating the beginning of a new upward wave if $3.45 is broken. Moving Averages (MA5 and MA10): A bullish crossover is about to form, reflecting a gradual shift in the trend from sideways to bullish. RSI (6): 58.13 The Relative Strength Index (RSI) is gradually rising and remains in the safe momentum zone, supporting the continuation of the uptrend. MACD: A new positive crossover is looming, with the MACD line close to crossing the signal line, which may confirm the upward movement in the coming days. $CVX Suggested Trading Strategy: "Breakout with Momentum Confirmation" Suggested Entry Area: Upon a retest of the $3.32-$3.36 level, or after a clear break of the $3.45 level with high trading volume. Stop Loss: Below the $3.14 level (local low). Profit Targets: First Target: $3.60 Second Target: $3.82 Extended Target: $4.00 if the momentum continues. Do you think CVX will break the $3.80 barrier soon? Or does the market need more consolidation? Share your analysis in the comments! #CVX #CVXUSDT #CVXTrading
$CVX Breaks the Sideways Pattern — Are We Witnessing a Breakout to $3.80?

#CVX/USDT is back in the news after a strong move that saw it break the sideways range, recording a +4.18% gain and settling at $3.387, amid technical signals supporting the continuation of the positive momentum.

$CVX


Quick Technical Analysis:

Bollinger Bands:
The price has broken the middle of the band (MB: 3.327) and is heading towards the upper boundary, indicating the beginning of a new upward wave if $3.45 is broken.

Moving Averages (MA5 and MA10):
A bullish crossover is about to form, reflecting a gradual shift in the trend from sideways to bullish.

RSI (6): 58.13
The Relative Strength Index (RSI) is gradually rising and remains in the safe momentum zone, supporting the continuation of the uptrend.

MACD:
A new positive crossover is looming, with the MACD line close to crossing the signal line, which may confirm the upward movement in the coming days.
$CVX

Suggested Trading Strategy: "Breakout with Momentum Confirmation"

Suggested Entry Area:
Upon a retest of the $3.32-$3.36 level, or after a clear break of the $3.45 level with high trading volume.

Stop Loss:
Below the $3.14 level (local low).

Profit Targets:

First Target: $3.60

Second Target: $3.82

Extended Target: $4.00 if the momentum continues.

Do you think CVX will break the $3.80 barrier soon? Or does the market need more consolidation? Share your analysis in the comments!

#CVX
#CVXUSDT
#CVXTrading
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number