đ¨ $CFX /USDT Alert đ¨
Current Price: $0.1861
Market Update: $CFX is currently showcasing a bearish pattern on the 15-minute chart. The key focus is on the next target marked by the circle on the chart, reflecting potential downward momentum.
Resistance & Support Levels:
Initial Resistance: $0.1861 (current price point)
Support: $0.1700 (noted by the purple line, crucial for maintaining current levels)
Trading Strategy:
Short Trade Entry: Consider entering below the $0.1861 resistance, with a close watch on the $0.1700 support. If it breaks this support, it indicates further bearish potential.
Target: Keep an eye on the next significant lower level, indicated by the circle on the chart.
Stay tuned and trade wisely, ensuring to manage risks with appropriate stop losses as the market could fluctuate based on upcoming trading volumes and market sentiment. Keep an eye on these key levels for the next move!
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