$CFX 📉 CFX Short Position Update
✅ Target 1 Achieved
🎯 The first take-profit target at $0.1736 has been successfully hit, locking in partial gains from the short entry at $0.186. This move confirms a rejection near the intraday high and validates the initial setup.
🔒 Risk Management Note:
Stop-loss remains at $0.212, protecting against any unexpected reversals. Consider trailing the stop to breakeven or just above Target 1 to secure profits and reduce risk.
📌 Next Steps:
Hold the remaining position for Target 2 at $0.1536, where further support is anticipated. Monitor price action closely, especially if momentum weakens.
♟ Stay disciplined and stick to the plan.