$CFX CFXUSDT Quick Scalp Analysis [Future Trading]
Current Price: $0.1625 (-7.3%)
Funding Rate: 0.0100% (Neutral)
Open Interest: $148.8M (High, watching for squeeze)
📊 Multi-Timeframe Confluence (M15-H1)
· Price Action: Trading BELOW all key EMAs (10, 20, 50, 100, 200). Bearish structure.
· RSI (14): Oversold (~24) on H1 – potential bounce zone.
· MACD: Negative histogram (-0.00446), but DIF/DEA converging – momentum slowing.
· Bollinger Bands: Price near LOWER band (DN: $0.16514) – compression = volatility incoming.
· Stoch RSI: Extremely oversold (0.08628) – reversal likely.
🎯 Divergence Spotted (Hidden Bullish)
· RSI vs Price: Price made lower low, RSI made higher low – bullish divergence forming.
· MACD: Histogram shrinking while price drops – selling pressure fading.
🕵️♂️ Orderbook & Liquidity Snapshot (From Depth Chart)
· Bid Stack: Thick support at $0.158-$0.162 (1.2M-2.3M CFX bids).
· Ask Stack: Thin resistance above $0.163 – easy pump if bids hold.
· Liquidity Grab: Swept lows near $0.16104 – traps set, reversal likely.
⚡️ Scalp Entry Setup (LONG Bias)
· Entry: $0.1620-$0.1625 (bid zone confluence)
· Stop Loss: $0.1605 (below recent sweep low)
· Take Profit 1: $0.1650 (EMA10 resistance)
· Take Profit 2: $0.1670 (Bollinger Mid-Band)
· Leverage: 10x-15x (manage risk!)
🧠 Trading Psychology Check
· FOMO Alert: Price dropped -7%, weak hands panic-selling.
· Contrarian Play: Oversold bounce + hidden divergence = high probability mean reversion.
· Patience: Wait for bid absorption and 1m green candle confirmation.
✅ Why This Works?
· Oversold bounce + liquidity sweep + bullish divergence + high OI = Squeeze fuel.
· Funding rate neutral – no negative pressure.
· Low timeframe reversal pattern (e.g., bull hammer) will confirm entry.
⚠️ Risk Warning
· BTC correlation – if BTC dumps, CFX follows.
· High leverage = high risk. Use strict SL.
· Not financial advice.
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#CFX #USDT #ScalpTrade #FutureTrading #Crypto #BinanceSquare #TradingSignals #OversoldBounce #DivergencePlay y #HighLeverage #RiskManagement #TradingPsychology #Alpha
🎯 Final Call:
LONG entry $0.1620-$0.1625 | SL $0.1605 | TP $0.1650-$0.1670
Watch for 1m confirmation candle + RSI reversal above 25.
Let’s ride this bounce! 🚀
(Do your own research before trading!)
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Written for Binance Square 📌
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