A breakout below $2.34 may confirm the continuation of the decline. Watch the trading volume. Momentum is fading, and sellers may lead the next move.
🔻 $CVX
Rejected at its highest levels, a short sell trade is ongoing.
The price of $CVX has sharply declined near $2.43, followed by a series of bearish candles on the thirty-minute chart. The stock price is forming a lower high, indicating fading selling strength, which is a typical selling opportunity.
📉 Setting up the short sell trade:
• Entry: $2.35 - $2.36
• First profit target: $2.32
• Second profit target: $2.28
• Third profit target: $2.23
• Stop loss: $2.41
#BinanceTurns8 #BreakoutTradingStrategy #TrumpTariffs #AltcoinETFsWatch #DayTradingStrategy