📣 What’s up traders!
CFX just got injected with hopium from a pharma deal, a China stablecoin rumor, and the Conflux 3.0 upgrade… but here’s the thing: when price flies 119% and RSI hits 94, smart money starts reaching for the eject button. 🚨
🔥 TRADE SETUP
Bias: Short
Strategy: Sell-the-News Reversal
Entry: $0.25 – $0.27
SL: $0.29
TPs: $0.186, $0.145, $0.120
Why?
– HTF rally straight into resistance
– RSI 94 + $11M in short liquidations = exit liquidity confirmed
– OI and funding surged, now showing early cracks
– LTF BOS + failed continuation at highs.
Candle Craft | Signal. Structure. Execution.
CFX just got injected with hopium from a pharma deal, a China stablecoin rumor, and the Conflux 3.0 upgrade… but here’s the thing: when price flies 119% and RSI hits 94, smart money starts reaching for the eject button. 🚨
🔥 TRADE SETUP
Bias: Short
Strategy: Sell-the-News Reversal
Entry: $0.25 – $0.27
SL: $0.29
TPs: $0.186, $0.145, $0.120
Why?
– HTF rally straight into resistance
– RSI 94 + $11M in short liquidations = exit liquidity confirmed
– OI and funding surged, now showing early cracks
– LTF BOS + failed continuation at highs.
Candle Craft | Signal. Structure. Execution.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.