CFX/USDT – 4H – SELL

The CFX/USDT 4H chart has triggered a confluence of bearish signals, including a Trendline Break Down, Bear Pennant, and multiple moving average retreats (DEMA, MAMA, TEMA), all aligning with a strong DX trend score. This cluster suggests a robust short-term downtrend, with the 2H timeframe showing a solid bearish trend (3/5) and the 1H and 4H timeframes forming bearish trends. However, higher timeframes (12H and 1D) remain bullish, indicating that this bearish move may be a pullback within a larger uptrend. The nearest resistance is at 0.05100, which now acts as a key level to watch; a break back above this level would invalidate the bearish setup. The absence of a defined support level below suggests potential for continued downside, but traders should be cautious of the conflicting higher-timeframe bias.