šŸšØ $CVX/USDT Trading Signal šŸšØ

$CVX

$4.266

+12.15%

šŸ’” Signal Type: Long Position

šŸ“Š Timeframe: 4H Chart $CVX

šŸ”‘ Key Levels to Watch:

Support: $3.90 ā€“ A bounce from this level could confirm bullish momentum.

Resistance: $4.30 ā€“ Breaking above this could signal further upward movement.

šŸŽÆ Trade Setup:

Entry Zone: $4.20 - $4.26

Take Profit Levels (TP):

1ļøāƒ£ TP1: $4.50 (+5.6%)

2ļøāƒ£ TP2: $4.80 (+12.5%)

Stop Loss (SL): $4.00 (-6.2%)

šŸ“ Market Insight:

$CVX has recently surged by 12.15%, and it is currently testing key resistance levels at $4.30. If it breaks above this level, the next target could be $4.50 (TP1). Watch for a breakout confirmation with volume to ensure the trend continues.

šŸ’” Strategy Recommendation:

Enter between $4.20 - $4.26 for optimal risk-to-reward.

Take profits at TP1 and use a trailing stop-loss for TP2.

Always ensure risk management with stop-loss strategies in place.

šŸ“¢ Pro Tip: Watch for volume spikes above the resistance zone to confirm strong bullish momentum.