🦈 $CFX SUPPORT LOST – SHORT SETUP WITH CLEAR TARGETS
Entry: 0.03889 🔻
Target: 0.03820 - 0.03750 - 0.03680 🎯
Stop Loss: 0.04020 🛑
📊 Support gave way, and the order flow tells the story. The 0.03889 level was the last line of defense for longs, and once it broke, the selling pressure accelerated. Volume on the 4H confirms a genuine distribution event, not a fakeout. This is liquidity being harvested from trapped positions, and the market is now feeding on the stops below.
💡 The path of least resistance is clearly down. With targets at 0.03820, 0.03750, and 0.03680, we're looking at a measured move that respects the structure of the breakdown. The stop at 0.04020 keeps risk contained if price reclaims the broken support. 💬 Are you riding the breakdown or waiting for a retest to enter short? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CFX #ShortSetup #Breakdown #LiquiditySweep #Crypto
🔻 🦈
Entry: 0.03889 🔻
Target: 0.03820 - 0.03750 - 0.03680 🎯
Stop Loss: 0.04020 🛑
📊 Support gave way, and the order flow tells the story. The 0.03889 level was the last line of defense for longs, and once it broke, the selling pressure accelerated. Volume on the 4H confirms a genuine distribution event, not a fakeout. This is liquidity being harvested from trapped positions, and the market is now feeding on the stops below.
💡 The path of least resistance is clearly down. With targets at 0.03820, 0.03750, and 0.03680, we're looking at a measured move that respects the structure of the breakdown. The stop at 0.04020 keeps risk contained if price reclaims the broken support. 💬 Are you riding the breakdown or waiting for a retest to enter short? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CFX #ShortSetup #Breakdown #LiquiditySweep #Crypto
🔻 🦈