Wow! CFX's crazy surge is explosive!
Just looked at CFX's 1-hour chart, and my pupils are shaking! It skyrocketed from 0.09537 to 0.25160, who can withstand this violent rise! Although it has now fallen back to 0.22808, this market trend hides great opportunities!
The moving averages are in a bullish arrangement, like being propelled by a rocket, the short-term bullish momentum is extremely strong.
Support at 0.22 - 0.225
Resistance at 0.245 - 0.25
If it retraces to 0.22 - 0.225, hold steady and go long directly, target 0.245, stop loss at 0.215.
If it breaks through 0.25, decisively chase it, aiming for 0.26+, stop loss at 0.245.
If it hits resistance at 0.245 - 0.25, take a light short position, target 0.23, stop loss at 0.255.
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