CVX started the week looking strong—gapped right through that descending resistance line from the bull flag, which had everyone thinking the uptrend would keep rolling. Looked solid on paper. But here's the thing: the bounce didn't have any real follow-through, so sellers came back in force. They systematically took out the gap, methodically pushing price back down. Classic case of buyers lacking conviction when it mattered most.
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TokenomicsTrapper
· 8h ago
nah the classic exit pump pattern tbh... sellers knew exactly what they were doing lol
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SilentObserver
· 01-10 23:47
It's the same old trick again—breaking the level makes you think it's going to rise, but it ends up getting hammered back down.
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airdrop_huntress
· 01-09 02:51
It's that old trick again, breaking through only to fail, playing us like this every time.
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ProofOfNothing
· 01-09 02:48
It's the same trick again, breaking the level and then reversing to sell off, retail investors have been cut again.
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WagmiWarrior
· 01-09 02:23
Coming back with the same move? No follow-up on the breakout, selling pressure has increased again, and the buyers are just timid.
CVX started the week looking strong—gapped right through that descending resistance line from the bull flag, which had everyone thinking the uptrend would keep rolling. Looked solid on paper. But here's the thing: the bounce didn't have any real follow-through, so sellers came back in force. They systematically took out the gap, methodically pushing price back down. Classic case of buyers lacking conviction when it mattered most.