$CFX

USDT BULLISH REVERSAL – STRONG BUYERS STEPPING IN 🚀

After a sharp dip towards 0.0721, $CFXUSDT witnessed a powerful bullish engulfing candle, signalling strong buyer interest. The price spiked up to 0.0840 before stabilising near 0.0774, showing potential for further upside.

🔑 Key Levels:

Support: 0.0721

Resistance: 0.0840

Current Price: 0.0774

🎯 Trade Setup (Long):

Entry: 0.0770 – 0.0760

Targets:

TP1: 0.0800

TP2: 0.0835

TP3: 0.0860

Stop Loss: 0.0720

📊 Market Outlook: The recent aggressive buying from the support zone suggests a potential short-term reversal towards resistance levels. However, market momentum will depend on BTC’s stability and overall sentiment across Layer 1 and Layer 2 assets.

⚠️ Risk Management: Risk only 1-2% of your capital per trade. Adjust position sizes according to your account to survive market volatility.

💬 What’s your next move on CFX? Comment your plan below!

#Crypto #CFX #Altcoins #Binance #Trading

buy and trade here on $CFX