📉 $CFX/USDT – BEARS REMAIN IN CONTROL AS PRICE STRUGGLES TO RECOVER 📉
CFX/USDT continues its downward trend, now trading at 0.1909 after hitting a fresh low of 0.1880. All key moving averages (MA7 at 0.1914, MA25 at 0.1974, MA99 at 0.2074) remain above the current price, acting as heavy resistance. Unless bulls reclaim 0.197, the bearish momentum is likely to persist.
🎯 Trade Setup (Short):
Entry Zone: 0.1915 – 0.1930
Take Profit 1: 0.1885
Take Profit 2: 0.1850
Stop Loss: 0.1975
📊 Market Outlook:
The trend remains firmly bearish with sellers defending every bounce. A sustained break below 0.1880 could trigger another leg lower. Bulls need a close above 0.1970 to shift momentum.
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buy and trade here on $CFX