setalerts

📉 **$CFX Testing Key Support – Reversal or Breakdown?** 📉

Trading at **$0.1715** and hovering just above the daily low. Here’s what I’m seeing:

🔻 **Bearish Structure:** Trading well below the middle Bollinger Band ($0.1858) – momentum is weak.
🔴 **MACD Downtrend:** MACD is negative and still declining – no bullish divergence yet.
🛑 **Critical Support:** The lower Bollinger Band sits near **$0.1578**. A break below could trigger more selling.

**If you’re long:** This is a dangerous spot. A close below $0.170 could signal more downside.
**If you’re watching:** Wait for a reclaim of $0.178 (24h high) for any short-term bullish reversal.

Is this a buy opportunity or a avoid? What’s your read? 👇
$CFX
$ETH

#CFX #TradingAlert #supportlevel #BearishAlert #SetAlerts