CVX / TetherUS
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#CVX/USDT

80
#CVX

The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.

We have a trend to stabilize above the 100 moving average once again.

We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.

We have a support area at the lower limit of the channel at 3.00, which acts as strong support from which the price can rebound.

Entry price: 3.14
First target: 3.26
Second target: 3.42
Third target: 3.58

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