$CFX USDT BEARISH PRESSURE BUILDING – SELLERS PUSHING PRICE LOWER 📉

CFX failed to hold above $0.1806 and has dropped back to $0.1701, showing strong rejection from the upper Bollinger band. The price is now testing the mid-to-lower range of the channel, with momentum indicators leaning bearish. If bulls cannot defend $0.1688 support, a deeper pullback is likely.

Trade Setup:

Entry Zone (Short): $0.1705 – $0.1720

Take Profit 1: $0.1685

Take Profit 2: $0.1660

Take Profit 3: $0.1630

Stop Loss: $0.1760

Market Outlook:

Bearish momentum is intensifying as sellers dominate near resistance levels. Price action suggests more downside unless buyers reclaim $0.175 quickly. A break below $0.168 would confirm bearish continuation toward lower supports.

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