Hello guys.
CFX just broke out of a long-term downtrend line, showing strong bullish momentum. After this sharp impulse, we're now patiently watching for the pullback zone.
Here’s my plan:
✔ First plan: Looking for a reaction around the breakout retest zone (0.1500–0.1300). This is the ideal area for a bullish continuation if buyers step in early.
✔ Backup plan: If the price drops deeper, the second demand zone (around 0.1060–0.0950) is where we’d expect stronger buyer defense.
Potential upside target: 0.31+, where price previously showed strong selling pressure.
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