$CFX /USDT – Major Breakdown as Support Fails
CFX just witnessed a sharp drop after failing to hold its support level around $0.214. The bearish momentum is strong, and price is now hovering near its 24h low. Sellers are clearly dominating, with no immediate signs of reversal.
Trade Setup (Short Bias):
Entry: $0.2103 – $0.2120
Stop Loss: Above $0.221
Target 1: $0.200
Target 2: $0.185
If this zone breaks, further downside is likely. Only consider long entries on confirmed reclaim above $0.221. Watch price action closely.