📉 $CFX / USDT – Technical Outlook
CFX/USDT is trading at 0.1761, up +1.56% on the day. Price recently faced rejection at 0.1999 resistance, followed by steady selling pressure that pushed it near the 0.1705 intraday low. The failure to hold above 0.1900 confirms short-term bearish momentum, with sellers currently in control.
🔑 Trade Setup (Short)
Entry Zone: 0.1760 – 0.1775
Targets:
🎯 Target 1 → 0.1700
🎯 Target 2 → 0.1640
🎯 Target 3 → 0.1580
Stop Loss: 0.1850
📊 Risk Management
Limit exposure to 3–5% per trade.
Move stop-loss to breakeven once Target 1 is hit to lock in safety.
⚠️ Pro Insight
Keep a close eye on the 0.1700 level — a breakdown with strong volume could accelerate further downside momentum.
buy and trade here $CFX