🚨 $CVX/USDT Trading Signal 🚨
$CVX
$4.266
+12.15%
💡 Signal Type: Long Position
📊 Timeframe: 4H Chart $CVX
🔑 Key Levels to Watch:
Support: $3.90 – A bounce from this level could confirm bullish momentum.
Resistance: $4.30 – Breaking above this could signal further upward movement.
🎯 Trade Setup:
Entry Zone: $4.20 - $4.26
Take Profit Levels (TP):
1️⃣ TP1: $4.50 (+5.6%)
2️⃣ TP2: $4.80 (+12.5%)
Stop Loss (SL): $4.00 (-6.2%)
📝 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.
💡 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.
📢 Pro Tip: Watch for volume spikes above the resistance zone to confirm strong bullish momentum.