🔥 $CFX /USDT – Potential Long Setup Forming Near Key Support 🔥
Current Price: $0.2020
24h Change: -2.98% 📉
24h Range: $0.1971 – $0.2232
Volume: 238M CFX traded – solid market activity
Category: Layer 1 Token
📈 Market Insight:
CFX has pulled back to the $0.1970–0.2020 support zone, a level that previously acted as a launchpad.
High trading volume near this level suggests potential accumulation.
A bounce from current range may initiate a trend reversal if price reclaims $0.2080+ with volume.
RSI near oversold on 4H time frame = possible momentum reset.
🧠 Trade Setup (Long Idea):
Entry Zone: $0.2000 – $0.2030
Stop Loss: Below $0.1940
Target 1 (TP1): $0.2110
Target 2 (TP2): $0.2180
Target 3 (TP3): $0.2245
📌 Pro Tip:
Keep an eye on breakout confirmation above $0.2082 — it could be the first sign of bulls regaining control. Ideal setup for short-term scalpers and swing traders watching Layer 1 narratives.
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