$CVX /USDT Long Trade Signal - Targeting $2.000
Overview of the Trade Setup
$CVX has shown a sharp rebound from daily support at $1.785 and is now building bullish momentum. The current price is $1.882, with clear signs of reversal after a correction from the recent peak at $1.961. Buyers are entering strongly, setting up a clean long opportunity.
Trade Signal Details
Entry Zone: $1.860 to $1.890
Target 1: $1.945
Final Target: $2.000
Stop Loss: $1.815
Technical Justification
After consolidating in a descending channel, CVX has now broken upward with strong green candles and increasing volume. The rebound from key support levels indicates a return of demand. A higher low structure is forming, suggesting a continued trend reversal towards $2.000.
Why Traders Should Take This Trade
The entry point offers a strong risk-to-reward ratio. The price is attempting to reclaim recent highs, and the current structure favors buying setups. Pushing the price above $1.925 opens the way towards the psychological and technical milestone at $2.000.
#CVXUSDT #BreakoutTrade #CryptoSignal #TrendReversal #BullishBanter
Buy and trade here on $CVX