OverboughtReversal

🔻 $CFX / USDT – SHORT SETUP (Parabolic Surge + RSI Above 90)

Commentary:
$CFX just exploded +42.29%, climbing rapidly with strong green candles and printing a new high at $0.26993. The RSI(6) is at 91.19, indicating extreme overbought levels. Volume is surging, potentially signaling a buying climax. Price has significantly deviated from MA(7) and MA(25), making it a strong mean-reversion candidate.

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🔴 Short Setup Plan (15m Chart)

Resistance: $0.2699 (recent high)

Entry Zone: $0.2660 – $0.2685 (look for rejection wick or bearish candle)

Stop Loss: $0.2740 (above spike high)

🎯 Target Levels

TP1: $0.2560 (small support & recent consolidation)

TP2: $0.2430 (near MA7)

TP3: $0.2300 (near MA25 zone)

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📌 RSI(6): 91.19 – classic exhaustion zone
📌 Volume: Rising sharply – could be a blow-off top
📌 Trend Bias: Parabolic and risky for fresh longs
📌 Candle Behavior: Extended bodies = unsustainable pace

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#CFXTrade #CryptoShorts #OverboughtReversal
$CFX

$FIS USDT – SHORT TRADE SIGNAL🔴

REJECTION FROM $0.1559 SWING HIGH 📉
BEARISH DIVERGENCE WITH EMA BREAKDOWN SIGNAL ⚠️

FIS surged to $0.1559 but failed to sustain above the 7 EMA, now showing early signs of exhaustion. Price is breaking below the short-term moving averages with increased sell volume, hinting at a deeper pullback after a 44% rally.

TRADE SETUP:
• Entry Point: $0.1400 – $0.1420
• Stop Loss: $0.1460
• Take Profit:
• TP1: $0.1320
• TP2: $0.1260
• Margin: 2–3% of wallet
• Leverage: 10x

MARKET OUTLOOK:
After a parabolic move, FIS looks vulnerable to a short-term correction. A break below $0.1380 could accelerate selling toward lower support zones.

#FISUSDT #ShortSetup #BinanceFutures #CryptoTrading #OverboughtReversal