a short technical analysis and trade signal for $CFX 💯🔥
/USDT based on the provided data:
📊 $CFX /USDT – Technical Analysis & Trade Signal
Current Price: $0.0830
Trend: 📈 Bullish Momentum (Up +12.93%)
Volume Spike: High 24h volume confirms strong buying interest.
Support Level: $0.0810
Resistance Level: $0.0840 (currently testing)
✅ Trade Signal: BUY (Short-Term Swing)
$CFX is showing bullish momentum with strong volume and pushing resistance. Price action suggests a possible continuation if it holds above $0.0815.
🎯 Target Levels
Target 1: $0.0855
Target 2: $0.0880
Target 3: $0.0925
Stop Loss: $0.0790 (below key support)
Risk/Reward Ratio: Favorable for intraday/swing traders
📌 Momentum Outlook:
RSI (Relative Strength Index): Likely approaching overbought (>70), but still bullish
MACD: Crossed bullish
Volume: Strong buying volume confirms upward interest
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