$CVX /USDT Long Trade Setup
$CVX has broken out with strong bullish momentum, climbing from the $4.375 support level to a recent high of $5.290. This rally was supported by a sharp increase in volume (4.33M CVX traded, totaling over $21M USDT), along with solid buying pressure and consistent green candles. The price is now forming a classic uptrend pattern with higher highs and higher lows — a strong sign that bulls are gaining control.
This setup remains favorable as there's minimal resistance ahead until the $5.45–$5.60 zone. Traders who entered early near $4.75–$4.95 are already in profit, and there is still room for further upside if the bullish structure holds.
Trade Setup:
• Entry Zone: $5.00 – $5.20
• Stop Loss: Below $4.75
• Target 1: $5.45
• Target 2 (Final): $5.80
As long as CVX holds above the $4.75 mark, the uptrend remains intact. Always use proper risk management and consider trailing your stop to lock in gains as price climbs.
