$CFX /USDT – 4H Trade Setup
Market Insight:
$CFX has surged over 15% in the last 24 hours, breaking above its key moving averages. Strong bullish volume (37.4M) and a breakout over MA(7), MA(25), and MA(99) indicate momentum may continue. Current price action is approaching minor resistance at 0.1235.
Entry Zone:
🔹 0.1135 – 0.1185 (ideal entry on pullback to broken resistance and MA cluster)
Targets:
🎯 T1: 0.1240
🎯 T2: 0.1295
🎯 T3: 0.1380
Stop Loss:
🔻 0.1040 (below MA(99) and recent swing low)
Key Levels:
Resistance: 0.1235 / 0.1295 / 0.1380
Support: 0.1132 / 0.1069 / 0.1018
MA(7): 0.1132
MA(25): 0.1069
MA(99): 0.1045
Pro Tip:
Avoid chasing price above 0.1235 unless volume continues to rise. Look for a bullish consolidation above 0.118 or retest of 0.113–0.114 for better risk-reward entries. Momentum is strong, but sharp reversals often follow such vertical moves—protect gains accordingly.
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