šØ SMC Flash Signal: $CVX Ready to Surge to $3.00? Monitor This Level Now! š
The movement of $CVX last night drew attention! After a strong rally & confirmation of BOS/CHoCH, the SMC indicator shows potential for further increase. But, beware of overbought RSI! This is what Binance users need to know! š
Thesis: Strong bullish, but potential healthy short-term correction.
SMC Confirmation: Order Block detected in Discount Zone, FVG that can be filled.
Key Levels:
š Watch Area: $2.65 - $2.70 (retest of previous area) or $2.40 (around Equilibrium).
š Take Profit (TP): $2.95, $3.05, $3.20.
š Stop-Loss (SL): $2.55 (below important structure).
This analysis is based on the SMC indicator. What do you think? Do you agree or have a different view? Let's discuss in the comments! š
If you see the same opportunity, you can trade $CVX directly on Binance. Click the chart widget above to start! š
#smc #CryptoAnalysis #TradingSignals
ā ļø DISCLAIMER: This analysis is for educational purposes only and not investment advice. Crypto trading carries high risks, and you can lose capital. Always do your own research (DYOR) before making investment decisions.