$CVX Strong volume accompanied the breakout, showing fresh
Cas Abbé
Updated at: 2 hours ago
{"content":"$CVX
Strong volume accompanied the breakout, showing fresh demand entering.
Long Setup (trend continuation):
• Entry: $3.85 – $3.90 (current zone accumulation)
• Target 1: $4.10
• Target 2: $4.25
• Target 3: $4.60 (extension if momentum holds)
• Stop-loss: $3.70
• Invalidation: Break below $3.70 with volume = bullish structure lost
Analysis:
We’ve got a clean higher-low setup forming off the $3.30 bottom. The $3.80–$3.90 level is acting as a retest of support after the breakout. If CVX reclaims $4.00 with volume, momentum should easily carry it back to $4.20+ and possibly squeeze to $4.60. Only risk is if volume fades and it slips under $3.70 — then it likely revisits $3.50 support.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/19/8bfbe5fcc3c5fe8bb630a5737ebb8bf9.png"],"tags":[],"tradingPairs":["CVX/USDT"],"quotearticleid":0}