BLOODBATH ALERT: $16.4K Longs Wiped Out on $CFX at $0.0839!
The whales just feasted — $16,452 in Longs liquidated in one brutal candle!
$CFX dropped like a hammer, flushing out over-leveraged players at $0.0839.
But where there's pain, there's opportunity.
Let’s decode the next big move:
CFX Trade Setup – Technical Analysis (Swing Trade Idea)
Current Price: Around $0.0842
Market Structure: Retesting support after a heavy liquidation shakeout
Sentiment: Fearful & Oversold = High Reward Zone
Buy Zone (Accumulation Zone):
> $0.0810 – $0.0845
This zone is the battle ground. Liquidation wick may act as a strong support reversal point.
Targets (Scalp to Mid-Term):
Target 1: $0.0890 – Reclaim of local resistance
Target 2: $0.0935 – Breakout from structure
Target 3: $0.0980 – Liquidity grab above highs
Moonshot Target: $0.1050 – Major resistance zone
Stop Loss:
> Below $0.0795
If it loses this key support, momentum may shift bearish. Cut quick and wait for re-entry.
Key Notes:
RSI near oversold – potential bounce setup
High volume on dip – signs of smart money entering
Price rejected breakdown below $0.0839 – Bullish signal
Perfect R:R for disciplined traders
$CFX Traders... Are You Ready?
The weak hands are gone. Now it's your turn.
Strike with precision. Trade with conviction.