$CVX /USDT – Bearish Setup Brewing After Strong Pump! Short Opportunity Near Resistance

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Current Price: $3.17

24h Change: +15.48%

24h High / Low: $3.224 / $2.705

24h Volume:

CVX: 1.24M

USDT: $3.74M

Category: DeFi | Gainer List

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Bearish Short Setup:

Short Entry Zone: $3.20 – $3.22

Take Profit 1 (TP1): $3.06

Take Profit 2 (TP2): $2.95

Take Profit 3 (TP3): $2.82

Stop Loss: $3.26

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Technical Breakdown:

$CVX has rallied sharply but is now facing strong resistance near the $3.22 zone (24h high).

MACD: -0.005 – Bearish divergence

DIF < DEA: Reversal momentum building

Volume: Showing signs of decline on 1h and 4h frames

This suggests a pullback is likely as buyers take profit near overextended levels.

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Market Insight:

Price is struggling to break above $3.22. If rejected again, it sets up a clean short with tight risk. Downside potential remains strong as DeFi tokens often retrace fast after a spike.

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Pro Tip:

Enter after a rejection wick or confirmation candle on 15m/30m. Don’t chase the top — wait for signs of exhaustion near $3.22 before executing your short.

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Think CVX is topping out?

Comment “SHORT” if you’re in, and drop a follow for more setups with tight risk control and clear entries!

Buy And Trade Here On $CVX

#CVX #ShortTrade #CryptoSignal #BearishSetup #BinanceSignals