Here is your professional technical analysis post for Binance Square:

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$CFX USDT BULLISH SPIKE – MASSIVE BREAKOUT WITH RETRACEMENT ENTRY OPPORTUNITY 🚀

CFX/USDT has exploded from $0.0721 to a high of $0.0840, showing an extreme bullish breakout. The current price is $0.0764 after a pullback, stabilising above all key moving averages (7 MA: $0.0752, 25 MA: $0.0740, 99 MA: $0.0748), indicating a potential continuation move if buyers regain momentum.

🔰 TRADE SETUP (LONG):

Entry Zone: 0.0755 – 0.0765

Take Profits:

🎯 TP1: 0.0790

🎯 TP2: 0.0820

Stop Loss: 0.0738

📊 MARKET OUTLOOK:

The surge shows strong buyer dominance with high volume confirmation. If CFX/USDT holds above the 25 MA, it can retest the recent high of $0.0840 with bullish momentum driving quick intraday targets.

⚠️ Risk Management:

Adjust position size appropriately, and move SL to entry after TP1 hits to secure profits against rapid volatility.

#CFXUSDT #CryptoSignals #BreakoutTrade #AltcoinSetup #BinanceAnalysis

buy and trade here on $CFX

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