Long Trade Signal for $CVX /USDT

Entry Price: $2.05

Target 1: $2.20

Target 2: $2.30

Stop Loss: $1.95

Why Long?

CVX is currently in a bullish trend, having recently surged from a low of $2.005. The price has already tested the $2.20 level multiple times, signaling strong buying pressure. As the price moves upward, holding above $2.05, it is likely to push towards the key resistance levels at $2.20 and then $2.30. The increase in volume further confirms the continuation of this trend.

Next Steps:

Watch for a confirmed breakout above $2.20 to enter at $2.05 or lower if a pullback happens.

Once the first target at $2.20 is reached, consider moving stop-losses to break-even or higher to secure profits.

Target the $2.30 level if momentum persists.

This setup gives you an excellent risk-to-reward ratio with a solid chance of profit. Keep an eye on any significant pullbacks below $2.05, which could indicate a reversal or consolidation.

buy and Trade here on $CVX

CVX#

2.173

+5.38%