$CVX SHORT TRADE SETUP – Targeting $2.31 & $2.02
$CVX faced a strong rejection near the $2.83 resistance zone and is now pulling back. Price action shows signs of exhaustion after an aggressive vertical rally, and if sellers maintain pressure, we may see a further drop toward key support levels.
📊 Trade Setup:
Entry Zone: Around $2.66
TP1: $2.31
TP2: $2.02 (Major support zone)
Stop-Loss: Above $2.83
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