$CFX USDT SHORT TRADE SIGNAL š“ š¦
VERTICAL SURGE FACES EXHAUSTION
After a parabolic vertical breakout, $CFXUSDT is showing signs of exhaustion near the resistance zone around $0.24ā0.25. A sharp rejection candle on the 15-min chart indicates weakening momentum, making it a prime opportunity for a short position before the market cools off.
š» TRADE SETUP (SHORT):
⢠Entry Zone: 0.2325 ā 0.2350
⢠Take Profit: 0.2000 / 0.1850 / 0.1670
⢠Stop Loss: 0.2540
⢠Leverage: 10x
⢠Risk Allocation: 2ā3% of wallet
š MARKET OUTLOOK:
CFX rallied over 120% and is now overextended. Current rejection near previous resistance suggests a pullback is likely. RSI is cooling, and volume divergence hints at trend reversal short term. Below 0.2250, expect increasing bearish momentum.
#CryptoTrading #CFXUSDT #ShortSetup #BinanceFutures #PriceAction
buy and trade here on $CFX