$CFX Important Price Behavior Most People Missed:
On 11-11-2025, $CFX printed a red candle that looked bullish at first, but the huge upper wick told the real story.
What happened?
• Price tried to move up
• Hit a major resistance zone
• Faced heavy selling pressure
• Candle formed a very large red wick
• Volume exploded above 460M+
This clearly shows sellers were extremely strong at that resistance. Even with massive volume, buyers failed to hold the move a classic distribution sign, not strength.
Current situation of $CFX :
• Price has now dropped into a key support zone
• RSI 51 neutral (no oversold condition yet)
• Trend is still weak overall
• Resistance above remains very strong
What to watch next:
This is a decision area.
Now the market will reveal the truth:
If support holds with increasing volume short-term relief bounce possible
f support breaks, next leg down likely, because RSI still has room to fall
Conclusion:
Don’t let candle color fool you.
Wicks and volume expose real market intent.
For now, sellers control the resistance, the only question left is how strong this support really is.