$CFX 🚀 Why is $CFX pumping hard recently?

Price exploded 100% from a major breakout, now sitting around $0.1474 after peaking at $0.2284 — and bulls aren't done yet 👀

🔹 Chart Breakout: Clean breakout from descending triangle + weekly trendline

🔹 Conflux 3.0 Upgrade: Boosts scalability + positions $CFX as the “Chinese Ethereum” 🇨🇳

🔹 RMB Stablecoin Pilot: China-compliant + regulatory edge

🔹 Historic Partnerships: China Telecom (370M users), Little Red Book (200M users)

🔹 Volume Surge: 24h volume up 155.70% to $118.65M 💥

🔹 Community Buzz: 61.94% bullish sentiment, just 2.43% bearish!

🔍 Support & Resistance:

• Support: $0.0998–$0.1092 — bulls must hold this!

• Resistance: $0.20–$0.25 (key zone) and $0.260 — breakout could target $0.35+

📊 Technical Indicators:

• RSI: 72 = strong but nearing overbought ⚠️

• 10-day SMA > 200-day SMA = fresh bullish cross

• Volume-to-MCap: 0.06064 = strong liquidity + demand

🔮 Price Predictions:

• 2025 Targets: $0.06–$0.47 (bullish case = $0.35)

• 2030 Forecasts: $0.65 to $2.19 if adoption + China narrative grows

⚠️ Risks:

• RSI overbought = short-term pullback possible

• Break below support = bearish reversal

• Contradictions in forecasts = stay alert

• Volatility remains high post-rally

💡 Takeaway:

CFX is riding a perfect storm — technical breakout + real-world partnerships + China regulatory narrative = powerful pump. But RSI + volatility demand tight risk management. DYOR.

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