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$CVX is struggling to stay above $4.20, facing repeated rejections in the $4.30–$4.45 zone. Sellers are dominating, and a break below $4.12 could trigger a strong downside move. Smart traders are eyeing this for a short opportunity! 📉💎

💹 Current Price: $4.18 – $4.22

📌 Short Trade Setup:

Entry Zone: $4.18 – $4.22 ✅

Targets:

TP1: $4.10

TP2: $3.95

TP3: $3.80 🎯

Stop-Loss: $4.32 ❌

🔍 Market Outlook:

The market shows weakness with lower highs forming.

Bulls must reclaim $4.30+ to regain control; otherwise, momentum favors bears.

Watching $4.12 support is critical — a breakdown could accelerate the decline.

💡 Pro Tips:

Enter short within the $4.18–$4.22 range for the best risk/reward.

Take partial profits at each TP to secure gains while letting the rest ride.

Tight SL at $4.32 protects against sudden bullish spikes.

Monitor volume — rising selling pressure confirms the downtrend.

⚡ Summary:

$CVX is showing clear bearish dominance. Entry at $4.18–$4.22, stop at $4.32, and targets down to $3.80 provide a high-probability short-term trade. Sellers are in control, and the next move could be sharp! 🚀📉

CVX

4.218

+0%

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