CVX at 2.04 is trading in a strengthening bullish recovery structure after reclaiming the 2.00 psychological resistance zone. Short-term momentum is improving clearly, and buyers are gradually gaining control as price approaches higher resistance levels. Near resistance: 2.12 → 2.25 Strong resistance: 2.45 → 2.65 Near support: 1.96 → 1.88 Strong support: 1.75 → 1.60 If CVX holds above 1.96: Price may continue pushing toward 2.25–2.45 A breakout above 2.45 could trigger stronger bullish continuation If CVX drops below 1.88: Correction risk increases toward 1.75–1.60 RSI remains neutral bullish with strengthening momentum, while trading volume is gradually improving alongside the recovery move. Conclusion: Trend: bullish recovery Key zone: 1.88–1.96 Above 2.25 confirms continuation upward Below 1.88 may trigger another correction phase $CVX