#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.
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