#CFX on the daily timeframe remains in a broader downtrend, consistently respecting the descending resistance trendline while printing lower highs and lower lows. Price recently swept liquidity below the 0.05 area and is now attempting a relief bounce toward the 0.06,0.067 supply zone. The key level to watch is 0.105, which marks #major horizontal resistance and a structural #shift point. Unless $CFX breaks and closes above the descending trendline and reclaims 0.105, the overall structure remains #bearish and rallies should be treated as corrective. #crypto