$CVX /USDT 15m Update

CVX pushed hard into the 1.90 zone, tapped liquidity, and immediately faced rejection. Price is now cooling off around 1.82 after a sharp intraday pullback, showing classic profit-taking after an aggressive spike. Market structure on 15m has shifted into short-term lower highs, but buyers are still defending the base.

Current Price: 1.82

Intraday High: 1.90

Intraday Low: 1.719

Key Levels

Resistance: 1.86 – 1.90

Support: 1.80 – 1.75

Scenario

As long as 1.80 holds, CVX can range and attempt a bounce back toward 1.86+. A clean reclaim above 1.90 would reopen upside momentum. Breakdown below 1.80 risks deeper retrace into the 1.75 liquidity zone.

Volatility remains high. This is a decision area where structure will define the next impulse. Trade with confirmation, not emotion.