$CFX /USDT Market Insight – Bullish Momentum Fading
$CFX USDT is trading at $0.2214, up +0.36%, but the chart shows signs of weakness following a failed attempt to hold above $0.2270. The recent drop with lower highs indicates bearish pressure, although buyers are still defending the $0.2180 zone.
Technical Snapshot:
Sharp rejection from the highs near $0.2280
Support being tested at $0.2180–$0.2190
Weak recovery candles suggest a possible bearish continuation if no strong bounce follows
Trade Setup (SHORT bias below $0.2200): 🔻 Entry: $0.2195
🎯 Target 1: $0.2165
🎯 Target 2: $0.2130
🛡 Stop Loss: $0.2230
If price breaks back above $0.2240 with momentum, this bias is invalidated.
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