$CVX /USDT Update: A bullish breakout is in the works! 🔥💯
CVX/USDT has confirmed its bullish breakout, with price action steadily rising within the ascending channel. It is currently trading at $4.902 (+27.13%), and momentum is strong, suggesting additional upside potential.
Next Target Levels:
• Immediate Target: $5.20
• Extended Target: $5.50
Risk Management:
• Stop Loss: $4.60 (below channel support)
• Partial Profit Zone: $5.00 to $5.20
Lock partial profits at key levels and continue with stop losses to protect gains. Watch for continuation if volume continues above the current price level. Ideal entries remain near the lower boundary of the channel for a safer position.
Stay disciplined and manage your trades wisely