🚀 $CVX /USDT: AT A CRUCIAL LEVEL – POTENTIAL FOR A BREAKOUT OR RETRACEMENT! ⚡
The $CVX /USDT pair is currently trading at $4.222, sitting at a key level that could determine the next move in the market. Traders should stay alert, as the price is testing resistance and support, potentially signaling a breakout or pullback.
📊 Trade Scenarios:
Entry Point: $4.222
Take Profit (TP) 1: $4.350
Take Profit (TP) 2: $4.500
Take Profit (TP) 3: $4.650
Stop Loss (SL): $4.100
Support is at $4.100, while resistance is at $4.350. A breakout above $4.350 could lead to bullish momentum, targeting $4.500 and $4.650. Conversely, a drop below $4.100 could indicate a bearish retracement, pushing the price lower.
📉 Market Outlook:
CVX is testing resistance at $4.350, and a breakout above this level could signal continued upside. However, failure to break resistance may result in a pullback toward support at $4.100.
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