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$CVX /USDT Quick Trade Setup
Current Price: 2.210 (-0.67%)
Trend: Bullish trend intact, currently consolidating/pulling back to support.
🟢 LONG (Buy) Setup
Entry: 2.150 - 2.190 (Buy the dip near the EMA7/EMA25 support cluster).
Target 1: 2.335 (Recent High).
Target 2: 2.450 (Trend extension).
Stop Loss: 2.090 (Below the recent higher low and EMA25).
🔴 SHORT (Sell) Setup
Valid only if the bullish structure breaks.
Entry: Breakdown below 2.130.
Target 1: 2.030 (Test of EMA99).
Target 2: 1.956 (Previous Swing Low).
Stop Loss: 2.220 (Back above EMA support).
Strategy: The price is sitting comfortably above the EMA(25) and EMA(99), indicating the medium-term trend is still Up. The RSI is 56.03 (Neutral), meaning there is plenty of room for a rally without being overheated. Buying the dip near 2.15 is the high-probability play.
#CVX