mroreoanalysis

Hello everyone! Let's analyze the $CVX price movement on the daily (1D) chart. Currently, the price is at a critical decision point with two potential movement scenarios:

📈 Scenario (A): Immediate Rebound. The current price (around $2.001) is sitting at the first support area, marked by the blue zone ($1.800 – $2.000). Looking at the Stochastic indicator at the bottom, the lines are beginning to show an upward crossover from the oversold zone. If this support holds, CVX has a strong chance of rebounding immediately toward the resistance target in the upper red zone—specifically the $2.400 – $2.500 range.

📉 Scenario (B): Correction to Demand Area. If selling pressure remains strong and the price breaks below the current support, CVX will likely drop to test the second support area in the $1.423 – $1.676 range (lower red zone). This level could act as a strong demand zone, potentially allowing the price to establish a new foothold before eventually reversing and rising toward the $2.500 resistance target.

Conclusion: Overall, the market structure indicates a potential bullish move to retest the $2.400+ area; however, the short-term direction depends on whether the support at the $1.800 level holds.

Do you think CVX will follow path (A) or (B)? Share your thoughts in the comments!

Disclaimer: This content is purely technical analysis and not financial advice. Always practice risk management and Do Your Own Research (DYOR).
#MrOreoAnalysis #CVX #CVXUSDT #DYOR

$APT starts showing recovery from the demand area 0,66–0,77 USDT after undergoing a sufficiently long accumulation phase.

Key levels to watch:
Support: 0,66–0,77
Resistance: 0,87–1,00
Major resistance: 1,19–1,24

The bullish scenario will become even more attractive if the price can break out and close above 1,00 with volume support. If that happens, the 1,19–1,24 area will become the next resistance level to watch.

On the other hand, if the price loses the 0,77 area again, the possibility of a retest to the lower demand area should be kept in mind.

Currently, momentum appears to be strengthening, but the stochastic is already in the high zone. Therefore, confirmation of the breakout and volume remain important before taking a position.
Watchlist: $APT

Disclaimer: This content is purely technical analysis and not financial advice. Always practice risk management and Do Your Own Research (DYOR).

#MrOreoAnalysis #APTUSDT #BinanceSquare #TechnicalAnalysis