$CFX /USDT — Short Squeeze & Accumulation Setup
$CFX just saw a $3.7K short liquidation at $0.07518, indicating shorts were aggressively stopped out and buyers are stepping in. This is a classic accumulation signal near strong demand.
📌 Key Levels:
Support: $0.072 ✅
Resistance: $0.081
Next Target: $0.088 (if $0.081 is reclaimed)
💡 Strategy Notes:
Price stabilizing above $0.072 keeps bullish potential intact.
Reclaim of $0.081 could trigger momentum toward $0.088.
Watch volume for confirmation — strong follow-through after the short squeeze increases the probability of continuation.
Manage risk around the $0.072 support; this is the line that validates the setup.
CFXUSDT
Perp
0.07182
+1.05%
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