$CVX /USDT BEARISH SETUP ACTIVATED 🔻 | TECHNICAL ANALYSIS UPDATE

📉 CURRENT PRICE: $2.62

🚨 Strong downtrend confirmed with -3.63% drop and price pressing key support zone!

📌 KEY LEVELS TO WATCH:

🛑 Resistance:

$2.686 – Immediate rejection zone

$2.759 – Key swing resistance

🟢 Support:

$2.621 – Immediate support (currently testing)

$2.550 – Breakout target

$2.420 – Strong demand zone

📊 SHORT TRADE SETUP:

🔻 Entry: $2.62 – $2.65

🎯 Targets (TP):

TP1: $2.55

TP2: $2.42

TP3: $2.30 (extended target)

🛡️ Stop Loss (SL): $2.71 (above last resistance zone & BOLL top)

📈 TECHNICAL CONFIRMATIONS:

❌ MACD: Bearish crossover

⬇️ MA/EMA: Price trending under both

📉 BOLL: Squeezing near lower band = pressure to drop

🔺 SAR: Positioned above price (trend: down)

🧠 RISK MANAGEMENT:

Only risk 1–2% of total capital per trade. Stick to SL. No overleveraging. Discipline is key.

🚨 BEARS IN CONTROL – FOLLOW MOMENTUM, NOT HOPIUM! 🚨

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