$CVX USDT – Bearish Trade Alert
Current Price: 5.428
Timeframe: 1H
Trend: Bearish continuation following a sharp breakdown
24H Range: High – 6.238 | Low – 5.383
$CVX has dropped over 10%, breaching key support zones with heavy selling pressure and strong red volume candles. The downtrend remains intact, with bears firmly in control and momentum building to the downside.
Short Trade Plan:
• Entry Zone: 5.420 – 5.480
• Take Profit 1: 5.280
• Take Profit 2: 5.150
• Take Profit 3 (Final Target): 5.000
• Stop Loss: Above 5.580
A potential rebound toward resistance could present another shorting opportunity. Stay alert to price movements and prioritize effective risk management as the bearish trend unfolds.