$CVX /USDT 4H Trade Setup
Market Insight
$CVX is showing bullish momentum with a +9.52% 24h gain, recently tapping a high of 4.981. Price is pushing against key resistance levels and is trading above the short-term moving averages (MA7 and MA25), indicating strong bullish sentiment.
Entry Zone
ā Buy Range: 4.35 ā 4.50 USDT
(Ideal pullback zone near MA25 and MA7)
Targets
šÆ Target 1: 4.98 USDT (recent high)
šÆ Target 2: 5.20 USDT (psychological + Fib extension level)
šÆ Target 3: 5.50 USDT (mid-term resistance zone)
Stop Loss
ā Stop Loss: 4.10 USDT
(Below 24h low and strong support)
Key Levels
šµ Support: 4.10 / 4.35
š“ Resistance: 4.98 / 5.20
āŖ Pivot Zone: 4.48 ā 4.52
Pro Tip
If CVX breaks above 5.00 with strong volume, consider trailing your stop-loss to 4.70 to protect profits. A move above this level could trigger a rally toward 5.50+.
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