$CVX /USDT BEARISH FREEFALL – SUPPORT BROKEN WITH STRONG SELL MOMENTUM!
$CVX has dropped aggressively from the $2.70 zone, now trading around $2.584 after a sharp breakdown below the key $2.62 support. The 15-minute chart shows continuous lower highs and accelerating red candles, confirming that sellers are dominating and pushing price into fresh lows.
Trade Setup (SHORT):
Entry: $2.590 – $2.610
Target 1: $2.500
Target 2: $2.420
Stop Loss: $2.650
Why Short?
After multiple failed attempts to break above $2.70, rolled over and lost bullish structure. The breakdown under $2.62 triggered heavy liquidation, and momentum favors further downside as long as the price stays below $2.600.
Risk Management Tip:
Keep stop-loss tight above the recent breakout level. Avoid overleveraging as volatility spikes during breakdowns.
Don’t let this breakdown fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!