$CVX /USDT SHORT TRADE SETUP – BEARISH PRESSURE REMAINS
$CVX failed to sustain above the $4.17 level and has dropped back toward $3.86 after touching a low of $3.82. Price action shows clear selling pressure with lower highs forming and declining volume support. If the price loses $3.82, further downside toward $3.72 and $3.60 becomes likely. Bulls need to reclaim $3.95 to shift momentum back upward.
Trade Setup:
Short Entry: $3.85 – $3.90
Take Profit 1 (TP1): $3.72
Take Profit 2 (TP2): $3.60
Stop Loss (SL): $3.98
Market outlook leans bearish as long as resistance holds, with sellers maintaining control.