#CVX HTF Analysis:

$CVX is moving inside a well-defined horizontal channel. $CVX is currently hovering around the mid-range support, which is the key pivot.

CVX
CVXUSDT
2.105
-6.19%

As long as this mid level holds, the structure remains bullish, with upside continuation toward the upper range resistance. Losing the mid range would likely send $CVX back to range lows, but for now buyers are defending and bias stays positive.