$CVX /USDT – BULLISH BREAKOUT AHEAD?
CURRENT PRICE: $3.92 (+18.43%)
TECHNICAL ANALYSIS:
CVX/USDT has seen a powerful bounce off the recent lows, pushing toward a key resistance zone. Price action is signaling potential for a bullish continuation, supported by volume and momentum.
KEY LEVELS:
Resistance Zone: $4.00 – $4.05 (Immediate breakout area)
Support Zone: $3.65 – $3.70 (Strong demand zone)
Current Price: $3.92
Price is consolidating just below resistance. A clean break and hold above $4.05 could ignite a larger move upward.
TRADE SETUP – LONG ENTRY
Entry: $4.05 (On confirmed breakout)
Targets (TP):
TP1: $4.30
TP2: $4.60
TP3: $5.00
Stop Loss (SL): $3.75 (Below recent support)
Alternative Entry (Pullback Buy): $3.75–$3.80 zone with same targets.
RISK MANAGEMENT:
Risk only 1-2% of your capital per trade.
Stick to your SL. Avoid revenge trades.
Trail your stop after TP1 for risk-free profit
WATCH CLOSELY – CVX is on the edge of a breakout!
Breakdown below $3.65 invalidates the setup.
Stay sharp, trade smart!
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