🚀 $CFX – Are we witnessing a success for the double bottom model? Bulls are preparing for a breakout!
The price of CFX is rebounding strongly from the 0.2000 area and is currently settling at 0.2177 with a daily increase of +12.5%, after confirming a double bottom on the hourly timeframe. The upward momentum is increasing and the price is approaching immediate resistance at 0.2195.
📍 Potential bullish breakout:
• Current resistance: 0.2195 → Breaking it may trigger a new wave
• Key support: 0.2110– 0.2070
🎯 Targets:
1 :0.2280
2 :0.2350
📊 Technical outlook:
A classic reversal pattern is in play, with buyers stepping in strongly at every dip. A break of $0.2195 with strong trading volume could quickly drive the price towards new highs.
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