Massive $CFX Liquidation Spotted.

A short liquidation of $3,807.10 just hit at the price of $0.1748. This signals a strong bullish push, forcing bearish traders to cover their positions as $CFX climbs higher.

What does this mean.

The market is experiencing buy pressure, with bulls taking control.

Short sellers who expected prices to fall were caught off guard, triggering forced buy-ins and fueling the upward momentum.

Technical Breakdown:

Resistance Zone: $0.178 - $0.185 (watch out for breakout opportunities).

Support Levels: $0.170 - $0.168 (key area for buyers to hold).

Trend: Bullish in the short term, with potential for further upside if resistance breaks.

Next Steps for Traders:

Bulls: Look for a breakout above $0.178 to ride the trend higher.

Bears: Be cautious and avoid shorting until the price confirms resistance or reverses below $0.170.

Could this liquidation spark a bigger rally. Stay sharp, traders! The action is heating up.

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