$CVX Current Price: CVX is trading at approximately $2.01, showing a 4.6% decline over the last 24 hours.
Weekly Trend: Despite today's dip, the coin has maintained a +1.4% gain over the past 7 days.
Market Position: It currently holds a market cap of $200.5M, ranking it around #132 in the global crypto market.
Technical Support: Key immediate support is at $1.96 (50-day EMA); falling below this could trigger a drop to $1.70.
Resistance Levels: Bulls are eyeing a breakout above $2.21, which could open the path toward the $2.50 mark.
Sector Performance: CVX is currently moving in sync with a broader DeFi sector rotation, outperforming many non-DeFi assets.
Whale Activity: Recent on-chain data shows whale accumulation at these levels, suggesting long-term supply tightening.
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