🔥 $CFX Soars 35% in 24H — Pharma Deal, Bullish Breakout, & Supply Shock Fuel Massive Rally! 🚀
$CFX is on a tear, exploding +35% in the last 24 hours — and the rally isn't random. It's being fueled by a powerful mix of strategic acquisition news, bullish technical signals, and a shrinking supply shock.
Let’s break down why Conflux might be one of the hottest altcoins on the market right now 👇
🧠 What’s Driving the Surge?
💼 Strategic Acquisition Buzz
On July 15, Leading Pharma Biotech (HK0399) revealed plans to acquire Conflux — sending shockwaves through the market.
Pharma stock spiked 10% intraday
Two Conflux co-founders already hold exec positions at Pharma
The move follows a 240% Pharma stock surge on July 2’s deal teaser
This potential merger is more than speculation — it suggests a deep integration that could reshape Conflux’s future.
📈 Technicals Say: Bullish
RSI 14: 72.65 → Strong, but still climbing
MACD: Bullish crossover (momentum gaining)
Price breakout above Fibonacci 23.6% ($0.102)
Next targets: $0.115 – $0.13
Volume: $236.7M in 24h — +433% surge confirms conviction
🔥 Tokenomics Tightening the Squeeze
76M CFX burned in May
500M CFX staked, cutting circulating supply by 11%
Supply shock is real — and it’s fueling FOMO
🤖 Ecosystem Heating Up
The July 18–20 Conflux Tech Conference is adding fuel, showcasing AI & RWA integrations that are attracting new dev interest and investor optimism.
🔍 The Big Question
Can $CFX break and hold above $0.14 resistance?
A confirmed flip could mark the start of a long-term trend reversal — but with a +98% gain in 90 days, profit-taking risk is real.
Watch this one closely — the next move could be massive.
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