$CFX /USDT BULLISH BREAKOUT WATCH ๐๐
๐ Key Levels:
Current Price: $0.0795
Resistance: $0.0797 (24h High) โค $0.0801 (breakout zone)
Support: $0.0788 (MA 7) โค $0.0758 (MA 25) โค $0.0735 (MA 99)
๐ Technical Analysis: CFX is trending above all major moving averages, showing strong short-term bullish momentum. Price is testing local resistance at $0.0797 โ a breakout above $0.0801 could signal a fresh upward leg. Volume is rising, supporting the bullish case.
๐ Trade Setup โ Long Position:
Entry: On breakout above $0.0801
Take Profit Targets:
TP1: $0.0850
TP2: $0.0895
Stop Loss: $0.0750 (below MA 25 & local swing low)
๐ก๏ธ Risk Management: Risk 1โ2% max of your capital. Confirm breakout with volume before entry.
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