$CFX
CFX (Binance) Trading Signal
Current Price: 0.1656
🟢 Bullish Signal
Suggested Strategy:
1. Entry: Around 0.1656
2. Stop Loss: 0.1606 (-3.02%)
3. Target Levels:
- 0.1728 (+4.35%) First liquidation point
- 0.1822 (+10.02%) Second liquidation point
- 0.1918 (+15.82%) Third liquidation point
Key Price Level Analysis:
1. Long position liquidation concentration zone: 0.1606-0.1656
2. Short position liquidation concentration zone: 0.1728-0.1822
3. Large accumulation of 50x short positions: 0.1822-0.1918
Operation Suggestions:
• Overall trend is upward, can buy on dips
• There are many short positions at 0.1728 and 0.1822, a breakout may trigger a chain liquidation
• It is recommended to use a trailing stop loss to protect profits
• Note that 0.1606 is an important support level
