⚠️ $CVX /USDT – Breakdown Brewing! Short Setup Live 📉🔥
Current Price: $2.308
$CVX has been rejected sharply from the $2.41 resistance and is now showing signs of weakness. Lower highs and fading bullish momentum on the 1H chart hint at a bearish reversal in play. A clean break below $2.29 could open the floodgates!
🔻 Short Trade Setup:
• Entry Zone: $2.305 – $2.325
• Target 1 (TP1): $2.260
• Target 2 (TP2): $2.215 ✅
• Stop Loss (SL): $2.365
⚡ Technical View:
The structure is rolling over with bearish divergence and supply pressure mounting. Momentum has flipped bearish with volume confirming the shift.
🛡 Risk Note:
Stay alert on SL breach — if bulls reclaim $2.365, short bias is invalidated. Always manage your exposure.
🔄 Strategy Breakdown:
This play targets a short-term reversal after a failed rally. With structure weakening and volume leaning bearish, this offers a clean R:R for short traders.
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