🚀 Conflux ($CFX ) – Parabolic Surge, But Smart Entry Key
CFX is currently trading around $0.146, exploding +40% in a day and up ~45% monthly, on $260M+ daily volume. The network is gaining traction in China and GameFi/AI spaces—with increased ecosystem activity behind the move.
Technically, it’s in a strong uptrend: daily EMAs aligned bullishly, multiple “Strong Buy” signals. However, RSI (~79) hit overbought levels and price briefly topped Bollinger Bands—signaling a possible pullback.
Trade strategy:
Look for a dip to $0.125–0.13 for an entry, with a stop under $0.12.
Targets: $0.15–0.155 first, followed by $0.17–0.18 if momentum continues.
For a medium-term position, consider adding more above $0.15, targeting $0.20–0.24 into late year, and long-term push to $0.30+.
Risk management is crucial—volume confirmation and RSI reset essential before committing. CFX is trending strong, but discipline wins races.
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