🚨$CFX
CFX
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BEARISH SETUP – SELLERS TAKING CONTROL
$CFX is showing clear rejection near the upper resistance zone around 0.078–0.080 after a sharp rally. Price action indicates weakening bullish momentum, suggesting a potential corrective move as sellers step in. Short-term structure favors a downside continuation toward lower support levels.
Entry: Short near 0.0775–0.0790
Targets:
TP1: 0.0760
TP2: 0.0720
TP3: 0.0680
Stop Loss: 0.081
Key Levels:
Resistance: 0.0775 – 0.080
Support: 0.0760 – 0.0680
Risk Management: Limit risk to 1–2% of total capital per trade and strictly follow stop loss to manage volatility.