$CVX The support activated the movement and the price is now within the wave
$CVX Respect the long-term support area between 1.50 – 1.75 ideally, from which a clear upward movement began confirming the entry of liquidity early.
The rebound has occurred, and the volume appeared at the right timing, and now the price is at $2.29 within the same expected scenario.
The main idea has not changed:
Activating support + increasing volume = beginning of a bullish wave
And the market is now in a phase of continuity, not at the bottom.
What we are currently seeing:
Higher lows forming
A bullish price structure maintaining its balance
Any correction above the new demand areas is considered healthy, not negative.
The current wave may be a mix of speed and long momentum, with the possibility of movement expanding if the bullish structure is maintained.
The expected scenario:
- Stability above the current demand → continuation of the rise
- Logical targets begin with an expansion close to 3x
- And with market momentum, the door remains open for larger movement in the medium term
The trend is still positive
The setup is in place
And the market is moving as planned
