$CFX
/USDT – Short Trade Signal.!🔴
$CFX exploded in a single day, hitting 0.25 before pulling back. It’s now in a volatile cooling-off phase, with signs of exhaustion. A short-term correction is highly likely.
Current Price: 0.2033
24h High: 0.2500
24h Low: 0.1042
Volume: $264M+ – high liquidity, prime for scalping
Short Entry Zone:
0.205 – 0.218 (ideal rejection zone)
Alternative aggressive entry: 0.198 if bounce fails
Targets:
1. 0.185
2. 0.168
3. 0.152 (strong support zone)
Stop Loss:
0.226 (above intraday bounce zone)
Tight SL for scalpers: 0.219
Key Levels:
– Resistance: 0.218 / 0.226 / 0.250
– Support: 0.185 / 0.168 / 0.152
– Pivot Zone: 0.198 – a key mid-line for control
Pro Tip:
Wait for 5–15m bearish confirmation candles under 0.21 or rejection at 0.218. Avoid shorting if CFX reclaims 0.23+ with strong volume and closes above 0.226 on the 30m timeframe.
This is a classic overbought fade play — don’t chase late longs.
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