$CFX /USDT BEARISH BREAKDOWN AFTER MASSIVE SELL-OFF ⚠️📉
$CFX has crashed nearly -27%, breaking multiple support levels with heavy volume. Current price action shows no strong bounce, signaling a bearish continuation is likely. 🚨
📌 Current Price: $0.1942
🔼 Resistance Levels:
$0.2100 (Immediate Rejection Zone)
$0.2300 (Previous Support Now Resistance)
$0.2429 (Key Breakdown Point)
🔽 Support Levels:
$0.1919 (24h Low – Immediate Support)
$0.1800 (Next Key Zone)
$0.1650 (Major Demand Zone)
🔥 SHORT TRADE SETUP 💣
📍Entry Zone: $0.1940–$0.2000 (on weak bounce or breakdown retest)
🎯 Targets:
TP1: $0.1850
TP2: $0.1800
TP3: $0.1650
🛑 Stop Loss: $0.2100 (Above immediate resistance)
🧠 Risk Management:
✅ Risk 1–2% max per trade
✅ Always use SL to protect capital
✅ Lock in profits by trailing stop after TP1 📊🔐
⚠️ Trend remains bearish below $0.2100 — don’t try to catch a falling knife! Let confirmation guide your entry. 📉
#CFXUsdt #BearishSetup #ShortTradel #CryptoAnalysis #Binance $CFX