The analysis you're providing on $CVX /USDT looks solid, particularly with the current price of $5.19 and the breakout potential. The key levels you've highlighted—immediate resistance at $5.25, breakout target of $5.35, and support at $5.10—offer a clear structure for short-term trading.
Updated Trading Strategy:
Entry Zone: $5.19–$5.22 (with a focus on catching the potential breakout)
Short-Term Target: $5.25 (first resistance level to monitor)
Extended Target: $5.35 (if the momentum continues)
Stop-Loss: $5.10 (ensures a solid risk management plan)
This looks like a promising setup with a good risk-to-reward ratio, especially if you're watching for the break above $5.25 to confirm the bullish momentum. Always be mindful of market conditions and adjust your strategy accordingly.
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