$CFX /USDT. Here's a quick technical analysis and trade setup based on your info:
CFX/USDT Snapshot (April 29, 2025)
Current Price: $0.0844 (+7.24%)
24h Range:
High: $0.0866
Low: $0.0781
Volume:
CFX: 157.76M
USDT: $12.92M
Moving Averages:
MA60 (15m): $0.0845
MA(5): 140,689
MA(10): 198,031
Observations
Price Action: CFX is currently at or just below MA60, suggesting possible short-term consolidation.
Intraday Strength: Strong bounce from $0.0781 with decent follow-through to $0.0866.
Liquidity: Strong USDT volume ($12.92M) shows active participation—good for intraday and swing trades.
Key Support Zone: $0.0800–$0.0810
Short-Term Resistance: $0.0865–$0.0870
Trade Setup (Intraday to Swing)
Entry Zone:
Ideal dip buy between $0.0820–$0.0833 (pullback to minor support)
Stop-Loss:
Below $0.0800 (tight structure + protection under 24h low)
Targets:
TP1: $0.0865 (recent high)
TP2: $0.0888–$0.0900 (if breakout occurs)
Risk/Reward:
About 1.5–3.0 R/R depending on TP used.
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