$CFX BEARISH REVERSAL — SHARP SELL-OFF AFTER STRONG RALLY ⚠️
CFX has faced heavy selling pressure after peaking near $0.2799, dropping sharply to $0.1948 (-28%). The large red daily candle indicates profit-taking and panic selling. Unless price reclaims $0.210 with strong buying support, the bearish sentiment is likely to continue.
📊 Trade Setup:
Entry (Short): $0.195 – $0.200
TP1: $0.185
TP2: $0.175
Stop Loss: $0.210
📈 Market Outlook:
Bearish momentum is dominating as the sharp retracement shows weakness in holding higher levels. A breakdown below $0.190 may accelerate selling, while bulls need strong volume above $0.210 to regain control.
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buy and trade here on $CFX