$CVX Short Signal

$CVX is trading in a declining structure, with consistent lower highs and failure to reclaim the 2.600 level, suggesting bearish continuation.

Entry: 2.550

Targets:

• 1st Target: 2.500

• 2nd Target: 2.400

• 3rd Target: 2.250

Stop Loss: 2.700

Key Resistance: 2.800

The rejection near 2.600 followed by declining volume hints at a weakening buyer base. If selling volume increases, CVX may break below support, opening room for a sharper move down. Monitor 2.500 closely for momentum confirmation.

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