$CVX USDT is maintaining a clean intraday uptrend after impulsive expansion from 1.87 demand into 2.18 supply. The recent pullback held above the reclaimed 2.08–2.10 pivot, and price is now stabilizing around 2.13–2.14 with higher-low structure intact. Buyers continue defending trend support following the breakout phase.
Market Overview:
Intraday bias remains bullish while CVX holds above 2.08. The rally established strong order-flow shift, and current consolidation below 2.18 appears as continuation compression rather than distribution. Sustained acceptance above 2.18 opens liquidity toward 2.25–2.32. Loss of 2.08 would signal deeper retrace into 2.00 demand.
Trade Plan:
EP: 2.10–2.14 pullback support zone
TP: 2.26 first objective, 2.34 extension
SL: 2.04 below structure support
Outlook:
Holding above 2.08 keeps trend continuation active with probability favoring a retest of 2.18 highs. Break and acceptance above that level confirms range expansion toward mid-2.30s. Failure back below 2.08 shifts b
ias into corrective rotation. Structure remains constructive with buyers defending reclaimed breakout territory.
