$CVX /USDT – BULLISH BREAKOUT ON THE HORIZON 🚀🔥
📊 Current Price: $2.704
📈 Trend Outlook: Bullish
CVX/USDT is showing strong signs of an upward breakout, supported by increased volume and recent price action reclaiming a key zone.
🔑 Key Levels:
Resistance Zones:
🔺 $2.740 – Immediate resistance
🔺 $2.760 – Major breakout level
Support Zones:
🔻 $2.680 – Short-term support
🔻 $2.640 – Key swing support
💹 Trade Setup – LONG ENTRY IDEA:
🎯 Entry: On breakout above $2.740 (confirm with 15m–1h candle close)
📌 Stop Loss (SL): $2.640 (below key support)
🎯 Take Profits (TP):
TP1: $2.85
TP2: $3.00
TP3: $3.20 (if momentum continues)
📈 Chart Insight:
CVX is forming higher lows and tightening under resistance, hinting at a bullish consolidation. If the $2.740 zone is flipped into support, momentum could accelerate toward $3+ levels. Volume confirms growing interest. 🧨
🛡️ Risk Management Tips:
Don’t risk more than 1-2% of your capital on this trade.
Always wait for confirmation on breakout before entering.
Move SL to entry once TP1 is hit to secure profits. 🔐
🚨 Trade the trend, not the noise. CVX looks ready to pop! Stay sharp! 📈🧠
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