$CVX 🔥💯
/USDT Bearish Outlook 🔻
$CVX is under selling pressure after rejection from resistance, with momentum indicators leaning bearish. A breakdown below support could trigger further downside.
🔹 Current Price: $4.184
🔹 Trend: Bearish continuation
🔹 Resistance Zone: $4.50 – $4.62
🔹 Indicators: MACD bearish crossover, RSI trending down
📉 Trade Setup:
Entry Zone: $4.18 – $4.25 (on breakdown confirmation)
Target 1 🎯: $4.00
Target 2 🎯: $3.75
Stop-Loss: $4.42
⚠️ Caution: A sharp break below $4.04 could accelerate selling. Monitor volume closely for confirmation.