🚨$CFX
CFXUSDT
Perp
0.07661
+10.93%
BEARISH SETUP – PROFIT BOOKING LIKELY AFTER STRONG MOVE
$CFX is facing resistance near 0.078–0.080 after a sharp upside rally, showing early signs of rejection. Price action suggests weakening bullish momentum, increasing the probability of a short-term pullback toward key support levels.
Entry: Short near 0.0775–0.0790
Targets:
TP1: 0.073
TP2: 0.070
TP3: 0.065
Stop Loss: 0.081
Key Levels:
Resistance: 0.0775 – 0.080
Support: 0.073 – 0.065
Risk Management: Risk only 1–2% of total capital per trade and strictly follow the stop loss to protect against volatility.