#futuresignal
CFX Long Trade Setup
Entry Zone: $0.080 ā $0.085
Targets:
TP1: $0.095
TP2: $0.105
TP3: $0.120
Stop-Loss: $0.075
š Technical Overview
Trend: CFX has rebounded from a recent low of $0.0736, indicating a potential bullish reversal.
Volume: Trading volume has increased, suggesting growing market interest.
Indicators:
RSI: Approaching overbought territory; monitor for potential pullbacks.
MACD: Bullish crossover observed, supporting upward momentum.
ā ļø Risk Considerations
Resistance Levels: Potential resistance near $0.095 and $0.105; watch for price action around these levels.
Market Sentiment: While short-term indicators are bullish, be cautious of broader market volatility.
