$CFX is bouncing, but don’t mistake motion for momentum. The structure remains firmly bearish with persistent lower highs, lower lows, and price still respecting the descending resistance trendline. Liquidity under $0.05 has already been taken, and the current push toward the $0.06–$0.067 supply zone looks more like a relief rally than a true reversal.

The real battleground sits at $0.105. That level marks both major horizontal resistance and the point where market structure could actually shift. Until CFX breaks the trendline and reclaims $0.105 with strong acceptance, this move stays corrective within a broader downtrend.

In markets like this, patience beats excitement. Rallies inside bearish structure are opportunities to position, not signals to celebrate. Smart traders watch structure first and narrative second, because hype follows price, but structure leads it.

CFX

0.0546

+0.18%