CVX showing strength. 📈


$CVX is trading around $1.384, up 9.40% in the last 24 hours. The breakout is backed by rising volume, with price holding above the MA5 (1.275), MA10 (1.245), and MA20 (1.186) a bullish sign for short term momentum.

If buyers keep control, the next key area is around $1.40–1.44. Losing $1.27 could invite a pullback before the next move.

Are you buying the breakout or waiting for a retest?
$CVX #PreIPOsSeason2OpenAISubscription #GateJuneTransparencyReport #GateSpotGrowthRankedFirstGlobally
CVX7.34%
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MoonlightReef
· 2h ago
Built the base position at 1.28, set take-profit at 1.42, and stop-loss at 1.25—the risk-reward ratio is still fairly comfortable.
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YieldBento
· 2h ago
MA5/10/20 bullish alignment is indeed impressive technically, but the fundamentals didn’t keep up—pure capital/positioning games.
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PuddingMarketMaker
· 2h ago
A 9% gain over 24 hours isn’t that strong, but the trading volume has picked up—what matters now is whether it can hold above 1.35 tonight.
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GateUser-7df43e29
· 2h ago
Gate’s PreIPOs Season 2 is pretty interesting—CVX as one of the target assets has liquidity better than expected.
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GateUser-94818fd0
· 2h ago
CVX saw a volume surge and broke through the MA triple lines this round, and the short-term momentum is indeed picking up. But around 1.4 is the previous high-density trading zone—only by pushing through it will it truly open up room.
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