$CFX
/USDT ā Short Trade Signal.!š“
$CFX is up today with a strong rally, peaking at 0.2500 and currently pulling back to 0.2108. This sharp pump is likely to face short-term exhaustion, offering a potential short opportunity on a bounce/retest.
Current Price: 0.2108
24h High: 0.2500
24h Low: 0.1430
Volume: 387M USDT ā extremely high, but likely cooling
Short Entry Zone:
0.2250 ā 0.2380
(Use 15m/30m confirmation ā rejection wick or volume drop)
Aggressive entry: 0.2200+
Targets:
1. 0.1980
2. 0.1820
3. 0.1650 (deeper flush zone)
Stop Loss:
0.2510 (above recent high)
Tight SL for scalpers: 0.2400
Resistance Zones:
ā 0.2250
ā 0.2380
ā 0.2500 (spike top)
Support Zones:
ā 0.1980
ā 0.1820
ā 0.1650
Strategy Notes:
ā¢ Wait for rejection candle on bounce (especially 15m/30m)
ā¢ RSI likely overbought ā look for bearish divergence
ā¢ Short-term traders: consider partial TP at 0.1980, trail rest
ā¢ Invalidation if price flips 0.2500 into support with volume
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