$CFX /USDT SHORT SETUP – LOSING GRIP NEAR LOCAL SUPPORT
$CFX is hovering just above its intraday low with no signs of bullish reversal. Failure to reclaim $0.0745 could trigger another wave of downside as selling pressure dominates.
• Trade Type: Short
• Entry Zone: $0.0732 – $0.0735
• Take Profit 1: $0.0710
• Take Profit 2: $0.0685
• Take Profit 3: $0.0660
• Stop Loss: $0.0752
• Structure: Bearish continuation
• Confirmation: No bounce above $0.0745
• Volume: Downtrend with rising sell-side activity
• Plan: Scale out at supports as price drops
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