🔴 $CFX Bearish Alert 📉

A $10.056K long liquidation at $0.04142 signals a strong flush of leveraged bulls, increasing short-term selling pressure. The liquidation level around $0.04142 now acts as a key resistance zone until buyers reclaim it with strength.

💰 Entry Zone: $0.0412–$0.0414 (on rejection)

🎯 Targets: $0.0400 → $0.0388 → $0.0375

🛑 Stop Loss: Above $0.0428

📍 Support: $0.0400–$0.0388

📍 Resistance: $0.04142–$0.0428

As long as CFX remains below $0.04142, sellers are likely to maintain pressure, targeting $0.0400 first and $0.0388 next. A decisive breakdown below support could extend losses toward $0.0375, while a sustained recovery above $0.0428 would invalidate the bearish setup and increase the probability of a short-term reversal.

Strength Rating: ⭐⭐⭐⭐☆ (4/5 Bearish) — A $10.056K long liquidation reflects strong forced selling pressure and favors further downside unless buyers reclaim the liquidation zone

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