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CVX at 1.911 is trading in a neutral bullish recovery structure after defending the 1.85 support zone. Short-term momentum is improving, but buyers still need stronger follow-through above resistance levels to confirm a sustained uptrend.
Near resistance: 1.98 → 2.08
Strong resistance: 2.25 → 2.45
Near support: 1.85 → 1.76
Strong support: 1.60 → 1.45
If CVX holds above 1.85:
Price may continue recovering toward 2.08–2.25
A breakout above 2.25 could strengthen bullish momentum significantly
If CVX drops below 1.76:
Correction risk increases toward 1.60–1.45
RSI remains neutral bullish with improving momentum, while trading volume still needs expansion for a sustainable breakout move.
Conclusion:
Trend: neutral bullish
Key zone: 1.76–1.85
Above 2.08 confirms continuation upward
Below 1.76 may trigger another correction phase
$CVX
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