$CFX & Technical Study
🔍 1. Live Technical Snapshot
Technical Consensus: Strong Buy across 5m → daily intervals, though weekly remains Neutral—momentum is real now
Key Indicators: RSI ~69, Stoch/MACD/ADX flipping bullish, CCI positive
Chart Structure: Clean wedge breakout with retest at ~$0.095–$0.10 support
Moving Averages: 5, 10, 20, 50, 100, 200-day all showing “Buy” bias
📈 2. Bullish Catalysts Building
✅ Falling‑Wedge Setup: Daily breakout & retest unfolding for true bullish reversal
✅ New Partnerships: With Samurai Game (onchain gaming) and industrial players like XCMG and China Telecom—mass real-word utility
✅ EVM & Uniswap V3 Buildout: Onboarding popular DEX infrastructure to expand liquidity and DeFi footprint
✅ Stablecoin Launch: Hosting HKD-built token AxHKD, underpinning tokenization narrative and bridging traditional finance onchain
🎯 3. Inflated yet Credible Price Targets
🎯
Target % Upside from ~$0.227 $20 → Potential
$0.25 +75% $52.60
$0.40 +230% $84.00
$0.60 +570% $124.00
> Previous run cycles (2024 YTD highs toward $0.40+) show that Conflux is capable of multi-fold rallies with strong ecosystem catalysts.
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📓 4. My Spot-Only Strategy
1. Entry Range: $0.22–$0.23 (confirmed breakout support)
2. Stop-Loss: $0.16(below wedge bottom and retest zone)
3. Position Scaling:
60% at breakout level
40% on pullback to $0.16–$0.15
4. Profit Distribution:
25% at $0.28→ quick ROI
25% at $0.34 → strong gain
20% at $0.40
Trail remaining toward $0.60+
Move SL to breakeven once first target is hit
5. Risk/Reward: ~1:3 to $0.25; up to ~1:6+ to $0.40
