$CFX /USDT BEARISH MOMENTUM INTENSIFIES — DOWNSIDE TARGETS IN SIGHT
$CFX is under sustained selling pressure after failing to hold the 0.0817 high, compressing near daily lows around 0.0700. Momentum remains bearish, volume confirms distribution, and short-term buyers are unable to defend support levels. Further downside continuation is likely.
Trade Setup
- Entry Zone: 0.0728 – 0.0735 (sell on pullbacks)
- Take Profit 1: 0.0700
- Take Profit 2: 0.0685
- Take Profit 3: 0.0670
- Stop Loss: 0.0820 (above recent high)
Market Outlook
CFX is trading below intraday EMAs and key moving averages, confirming a bearish structure. Immediate support at 0.0700 is critical; a break below could trigger accelerated downside. Any bounce toward 0.0735–0.0740 is likely corrective.
#CFX #MarketRebound #BTC100kNext? #CPIWatch #Write2Earn $CFX
