$CVX /USDT BEARISH REVERSAL IN PLAY – SHORT SETUP ACTIVE
$CVX /USDT has failed to sustain above critical moving averages, with price closing below EMA(7), EMA(25), and EMA(99). The recent rejection from the 4.598 resistance confirms a potential short-term downtrend. Volume is fading, and momentum indicators suggest weakness ahead.
SHORT ENTRY: Below 4.32
TARGETS (TP):
→ TP1: 4.20
→ TP2: 4.05
→ TP3: 3.90
STOP LOSS (SL): 4.45
RISK MANAGEMENT: Always use a fixed SL and manage position size to risk only 1-2% of capital. Avoid overleveraging and wait for a breakdown confirmation before entry.
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