$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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