$CFX /USDT - Momentum Pickup, Nearing Key Resistance
Conflux (CFX) trades around $0.210, up ~3-8% in the past 24 hrs and ~12-14% weekly, signaling renewed bullish interest. It's trading above its 7-day EMA near $0.199, highlighting short-term strength.
Key Levels:
•Support: $0.199 (EMA7), then $0.182 (24h low)
•Resistance: $0.2195 (recent high), then $0.2273 and next pivot at $0.2440.
Trade Setup:
•Entry: $0.209 - $0.210
•TP1: $0.2195
•TP2: $0.2275
•Stop Loss: Below $0.199
Holding above $0.199 keeps bulls in play; a breakout over $0.2195 opens room toward $0.2440. A drop below $0.199 risks pullback to $0.182.