$COPon Looking Bearish
COP is showing clear short-term selling pressure on the 15M chart after rejecting the $127.85 area and forming a sequence of lower highs. Price has now slipped toward the $125.50 support zone, with momentum still favoring sellers.
Trade Setup:
Entry: $125.45–$125.60
Stop Loss: $126.20
Target 1: $125.10
Target 2: $124.97
Target 3: $124.60
The key level to watch is $125.50. A clean breakdown below this zone could open the way toward the next downside levels. If buyers reclaim $126.20, the bearish setup weakens and the trade should be reconsidered.
Risk management is essential, so keep position size controlled and avoid chasing a sharp move.
Let's trade with discipline $COPon
COP is showing clear short-term selling pressure on the 15M chart after rejecting the $127.85 area and forming a sequence of lower highs. Price has now slipped toward the $125.50 support zone, with momentum still favoring sellers.
Trade Setup:
Entry: $125.45–$125.60
Stop Loss: $126.20
Target 1: $125.10
Target 2: $124.97
Target 3: $124.60
The key level to watch is $125.50. A clean breakdown below this zone could open the way toward the next downside levels. If buyers reclaim $126.20, the bearish setup weakens and the trade should be reconsidered.
Risk management is essential, so keep position size controlled and avoid chasing a sharp move.
Let's trade with discipline $COPon