#CFX/USDT ANALYSIS

CFX has broken down from a descending triangle pattern and is currently trading above a key horizontal (S/R) level.

A bounce from this level is possible; however, the 21-day moving average is acting as a resistance barrier above the price.

If the S/R level fails to hold, a further correction could follow. Monitor the price action closely to confirm whether support holds or a deeper pullback unfolds.