$CFX 🔥 🚀 MOMENTUM BUILDINGUP 🔥 🔥
CFX/USDT Trading Strategy & Technical Analysis
Current Price: $0.0788 USDT
24H Volume: $4.96 million USDT
Symbol: CFX/USDT
Market Structure: Short-term recovery within a broader downtrend
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📈 Technical Chart Overview
Support Levels:
🔹 $0.0740 – Recent local low, short-term bounce zone
🔹 $0.0675 – Strong historical support (multi-month base)
Resistance Levels:
🔸 $0.0825 – Immediate resistance, capped previous up-move
🔸 $0.0890 – Strong overhead supply and psychological barrier
Chart Pattern:
🟪 Falling wedge breakout with low volume, suggesting slow momentum buildup
🎯 Trading Strategy – Bullish Setup
Entry Zone:
Between $0.076 – $0.079
Targets:
🎯 TP1: $0.0825 (near resistance)
🎯 TP2: $0.0890 (supply zone)
🎯 TP3: $0.095+ (breakout target)
Stop-Loss:
🔻 Close below $0.0740 (invalidate short-term bullish structure)
Conservative SL: $0.072
Risk-Reward:
Roughly 1:2.5 to 1:3.1
⚠️ Disclaimer
> This content is for educational and informational purposes only and is not financial advice. Cryptocurrency trading carries high risk. Always do your own research (DYOR), set stop-losses, and trade responsibly. Past performance does not guarantee future results.