$CFX USDT SHORT TRADE SIGNAL š“
RALLY EXHAUSTION AFTER VERTICAL SPIKE ā CORRECTION INCOMING?
$CFX USDT just pumped massively to 0.1546, but momentum is fading on the 15-minute chart. A clear rejection candle followed by multiple red bars signals possible exhaustion. The bulls may have overextended ā and bears could soon take control for a sharp retrace.
š» Trade Setup (Short):
⢠Entry Zone: 0.1430 ā 0.1450
⢠Take Profit 1: 0.1380
⢠Take Profit 2: 0.1300
⢠Stop Loss: 0.1555
⢠Leverage: 10x
⢠Risk Allocation: 2-3% of wallet
š Market Outlook:
⢠Strong rally from 0.1122 ā 0.1546 now pausing
⢠Lower highs forming ā loss of bullish strength
⢠Profit-taking pressure likely to increase below 0.1450
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