$CFX
/USDT is showing a strong move up after bouncing from the 0.04989 lows, but price is now approaching the 0.05591 resistance zone. This area is the 24h high and has already acted as a rejection level, indicating strong supply overhead. The current move looks extended and momentum is beginning to stall near the top. Volume is decent but not supporting a clean breakout above resistance. If price fails to break and hold above 0.05591, a pullback is likely.
Short CFX
Entry Zone: 0.05500 – 0.05580
Stop Loss: 0.05700
Or Stoploss To Entry
TP1: 0.05300
TP2: 0.05100
Do your own research.
$CFX 👇👇👇
/USDT is showing a strong move up after bouncing from the 0.04989 lows, but price is now approaching the 0.05591 resistance zone. This area is the 24h high and has already acted as a rejection level, indicating strong supply overhead. The current move looks extended and momentum is beginning to stall near the top. Volume is decent but not supporting a clean breakout above resistance. If price fails to break and hold above 0.05591, a pullback is likely.
Short CFX
Entry Zone: 0.05500 – 0.05580
Stop Loss: 0.05700
Or Stoploss To Entry
TP1: 0.05300
TP2: 0.05100
Do your own research.
$CFX 👇👇👇
