$CFX /USDT – Brutal Dump After 27% Rally! ⚠️🔥
Current Price: $0.2371
24H High/Low: $0.2799 / $0.1815
15m Chart: Sharp rejection after strong bullish run, massive red candle printed!
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📉 Market Structure:
$CFX surged over 27% to $0.2799 before facing an aggressive sell-off. The giant bearish engulfing candle signals a potential trend reversal or short-term panic sell.
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📌 Trade Setup (Reversal or Bounce Play):
Entry Zone: $0.2300 – $0.2370
🎯 TP1: $0.2500
🎯 TP2: $0.2640
🎯 TP3: $0.2750
❌ Stop Loss: $0.2190
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⚠️ Why This Setup Matters:
High volume dumps after parabolic moves often trap late buyers. A dead-cat bounce or fast short squeeze could be next from oversold zones.
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💡 Pro Tip:
Wait for stabilization or a bullish engulfing candle on lower TF before entering. Momentum can flip fast—only trade if confirmed support holds!
⚡️ High risk. High reward. Perfect for scalpers watching reversal signs!
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