$CFX /USDT SPIKE REJECTED AT $0.2195 — PULLBACK IN PLAY
$CFX surged strongly but faced heavy selling pressure near $0.2195, leading to a sharp retracement toward $0.2020. Bears are testing momentum, and a failure to reclaim $0.2060 may extend the pullback further.
TRADE SETUP (SHORT ENTRY)
Entry Zone: $0.2030 – $0.2055
Take Profit 1: $0.1970
Take Profit 2: $0.1920
Take Profit 3: $0.1860
Stop Loss: $0.2100
MARKET OUTLOOK:
The sharp rejection at the top signals profit-taking after a steep rally. If bulls cannot regain control above $0.206, a deeper correction toward support levels is likely.
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