$CVX Trade Alert: Possible Breakout for Short-Term Gainsโโ๐ค๐ฅ
#CVX โฆ๏ธis showing strong momentum after a recent pump and is now consolidating just under the 24h high. This kind of price action often signals that a breakout is brewing๐คโ
Why It Matters:
Consolidation near highs typically precedes a bullish breakout.
Strong volume confirmation could trigger a fast upward move.
Short-term traders could capitalize on quick, high-probability gains.
Trade Setup:
Entry: Break above $3.23 with volume
Take Profits:
TP1: $3.26
TP2: $3.29
TP3: $3.32
Stop-Loss: $3.15
Caution: This is a short-term opportunityโideal for scalpers and day traders. Wait for a confirmed breakout before entering. Risk is controlled with a clear stop-loss.
Bottom Line:
CVX is poised for a breakout. Get in early only if price breaks $3.23 with strong volume, and ride the wave for fast profits. Always manage your risk and trade smart.