📉 $CVX /USDT – Bearish Pressure Continues! 🚨
🔻 Current Price: $5.94 (-1.61%)
🔻 24H High: $6.698 | 24H Low: $5.708
📊 Market Analysis:
CVX/USDT is under strong downward pressure, trading below the descending trendline. The inability to break resistance above $6.50 has pushed prices lower, signaling potential bearish momentum.
Key Levels to Watch:
Resistance: $6.50 🔼
Support: $5.50 🛡️
Bearish Target: $5.00 🚨
⚠️ Market Outlook:
A breakdown below $5.50 could accelerate the downtrend toward the $5.00 mark. Traders should remain cautious and look for volume confirmation before any reversal.
🔍 Trade Tip:
Short-term Traders: Consider stop-losses to manage risk.
Bulls: A breakout above $6.50 may hint at a reversal.
#CVX #CryptoSignals #BearishTrend #TradingAlert #Write2Earn!