Staying honest with you here — $CFX is still under pressure after a clean breakdown, and price is moving sideways at the lows without strong buying coming in. This kind of structure usually favors continuation unless bulls reclaim the last rejection zone with strength.

Price is forming weak candles near support, and sellers are still controlling the structure. Any bounce into resistance looks like a selling opportunity rather than a reversal.

Trade Setup

Short Entry:

0.0690 – 0.0700

Stop Loss:

0.0718

Take Profit 1:

0.0665

Take Profit 2:

0.0640

Take Profit 3:

0.0615

Trade patiently — continuation plays work best when price fails to reclaim key levels.

CFX
CFXUSDT
0.06884
-1.93%