$CVX /USDT – BULLISH BREAKOUT IN SIGHT
Current Price: $3.069
24h Change: +14.86%
Chart Timeframe: 1D
KEY LEVELS TO WATCH:
Immediate Resistance: $3.11 – Previous daily top
Major Resistance: $3.15 – Key breakout zone
Immediate Support: $3.03 – Intraday demand
Major Support: $2.93 – Strong base from previous consolidations
TRADE SETUP – LONG POSITION:
Entry Zone: $3.03–$3.07 (on minor pullback)
Take Profit Targets:
TP1: $3.15
TP2: $3.28
TP3: $3.45 (if momentum continues)
Stop Loss: $2.92 (below major support zone)
RISK MANAGEMENT:
Risk only 1–2% of your total capital per trade
Position size based on SL distance – maintain healthy R:R ratio (minimum 2:1)
Don’t FOMO – wait for pullback or breakout confirmation
SUMMARY: CVX/USDT is showing strong bullish momentum with a solid intraday recovery and high volume spike. A breakout above $3.15 could trigger a rally, making this a high-potential long setup. Stay sharp!
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