📉 $CVX /USDT – Short Trade Setup in Focus
$CVX is currently trading at $3.479 (+2.47%), after rejecting the 24H high of $3.598. The price failed to hold above the $3.50 zone and is now consolidating with bearish candles forming on the 15-min chart — signaling potential downside pressure.
🔑 Key Levels
Resistance: $3.55 – $3.60
Immediate Support: $3.45
Major Support: $3.28
24H Range: $3.28 – $3.59
🧠 Short Trade Setup
Entry Zone: $3.48 – $3.52
Stop Loss: $3.60
🎯 Targets
TP1: $3.42
TP2: $3.36
TP3: $3.28
⚠️ Strategy Insight
The rejection near $3.60 and inability to sustain above $3.50 reflects fading bullish momentum. A confirmed 15m candle close below $3.45 could open the door for accelerated selling toward lower support levels.
📌 Pro Tip:
Watch for an increase in volume on red candles — that’s your cue for potential fast downside toward $3.28.
#CVXUSDT #CryptoShortSetup #AltcoinTrading
Buy and Trade Here $CVX
$CVX is currently trading at $3.479 (+2.47%), after rejecting the 24H high of $3.598. The price failed to hold above the $3.50 zone and is now consolidating with bearish candles forming on the 15-min chart — signaling potential downside pressure.
🔑 Key Levels
Resistance: $3.55 – $3.60
Immediate Support: $3.45
Major Support: $3.28
24H Range: $3.28 – $3.59
🧠 Short Trade Setup
Entry Zone: $3.48 – $3.52
Stop Loss: $3.60
🎯 Targets
TP1: $3.42
TP2: $3.36
TP3: $3.28
⚠️ Strategy Insight
The rejection near $3.60 and inability to sustain above $3.50 reflects fading bullish momentum. A confirmed 15m candle close below $3.45 could open the door for accelerated selling toward lower support levels.
📌 Pro Tip:
Watch for an increase in volume on red candles — that’s your cue for potential fast downside toward $3.28.
#CVXUSDT #CryptoShortSetup #AltcoinTrading
Buy and Trade Here $CVX