$CFX /USDT – 1H Analysis & Signal
Signal: Short (Sell)
Entry: $0.2090 (Current price)
Target: $0.1980
Stop Loss: $0.2155
Leverage: 5x
Reason:
Price was rejected from the $0.2150 high, triggering a liquidity sweep. A bearish order block has formed near the top, and there’s a clear break of structure to the downside. Bullish volume has faded after the top, signaling a likely reversal.
Summary:
$CFX has rejected after taking out local highs and is now showing early signs of downside pressure. This is a high risk-reward short setup, with price likely to revisit the $0.1980 demand zone. A tight stop above the swept high keeps the setup clean and controlled.