โ ๏ธ $CFX /USDT โ Down -15%... Panic or Golden Buy Zone? ๐ป๐ฅ
$CFX took a steep dive today, crashing -15.61% and testing major support. Is this just a shakeoutโor the start of something worse? ๐ Letโs break it down:
๐ Market Overview
๐ Current Price: $0.1735
๐ 24h High: $0.2057
โ๏ธ 24h Low: $0.1569
๐ Parabolic SAR: $0.1901 (Bearish reversal in play)
๐ MACD Momentum:
DIF: 0.0888 (Momentum fading fast)
DEA: 0.1226
MACD: -0.0338 (Bearish crossover forming)
๐ CFX Trade Setup โ Watch These Levels Closely
๐น Bullish Scenario (Only if it holds $0.1650+):
Entry: Above $0.1780
Targets: $0.1900, $0.2050, $0.2230
Stop-Loss: $0.1640
๐น Bearish Scenario (If it loses $0.1650):
Entry: Below $0.1650
Targets: $0.1500, $0.1350, $0.1220
Stop-Loss: $0.1810
๐ Hold or Sell Analysis
โ ๏ธ Breaking SAR at $0.1901 flips trend bearish
๐ง MACD turning red = caution on long positions
๐ RSI likely oversoldโshort-term bounce possible, but weak unless volume returns
๐ก Pro Tip:
Donโt try to catch a falling knife. ๐ Let CFX reclaim $0.1780+ with strength before going long. Best setups often come after the dump, not during.
๐ข Holding CFX through the dip or waiting to re-enter? Drop your take ๐
๐ฅ LIKE & FOLLOW for more high-probability trade setups every day!
