$CVX
CVXUSDT
Perp
1.808
-1.63%
BULLISH CONTINUATION SETUP
$CVX is showing strong bullish momentum after bouncing from the $2.031 support zone. Price action indicates buyers are stepping in, signaling a continuation move higher in the DeFi sector.
Technical Outlook:
Trend: Bullish
Support Zone: $2.031 – $2.100
Resistance Levels / Targets (TP):
TP1: $2.300
TP2: $2.400
TP3: $2.500
Stop Loss (SL): $2.000 (below support)
Risk Management:
Risk 1–2% of total capital per trade. Scale out partially at TP1 and trail SL upward to secure profits.
