$CFX ‌ is looking a bit suspicious right now.

That massive wick up to 0.069 got rejected way too fast for my liking. It feels like the big players just used that pump to exit their positions while everyone else was chasing the breakout.
Now we are sitting right on top of this minor support at 0.060. If the bulls can’t hold this level today, I’m expecting a slow bleed back down toward the 0.055 area where the previous consolidation happened.
The volume is drying up too which usually means a big move is cooking. I'm staying patient. I'd rather miss a small move than jump into a fakeout here.
Keep an eye on the 4h candles. If we close below 0.059 it might get ugly fast.

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