$CVX USDT BEARISH REVERSAL SIGNAL – PRICE REJECTED NEAR KEY RESISTANCE
CVX rallied from $3.70 to $4.12 but is now showing signs of exhaustion as price tests the upper resistance at $4.17. A rejection from this zone combined with an overextended channel suggests a short-term pullback could follow.
Trade Setup:
Entry Zone: $4.09 – $4.10
Take Profit 1: $3.95
Take Profit 2: $3.80
Stop Loss: $4.18
Market Outlook:
CVX is overextended after a strong rally. If it fails to break and sustain above $4.17, a corrective move toward $3.80–$3.90 support is likely before any renewed bullish attempt.
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