$CFX /USDT Trade Setup – Is Conflux Ready for a Breakout?

Conflux (CFX) is showing signs of life after a prolonged consolidation phase. The pair **CFX/USDT** is currently hovering near key resistance zones, with growing volume and improving market sentiment.

**Key Technicals:**

– **Support:** \$0.144 – \$0.148

– **Resistance:** \$0.156 – \$0.162

– **Trend:** Bullish breakout potential from a symmetrical triangle

– **Indicators:** RSI rising toward 60+, MACD nearing a bullish cross

**Setup Idea:**

If CFX breaks and holds above the \$0.162 zone with strong volume, it could trigger a **bullish continuation**.

Short-term **Take Profit target**: \$0.175 – \$0.182

**Stop Loss:** Below \$0.142 (last swing low support)

**Fundamentals Boost:**

Conflux remains one of the few **regulatory-compliant public blockchains in China**, with strong partnerships including **China Telecom**. Any renewed narrative around real-world adoption or regulatory clarity could ignite further momentum.

**Watch for:**

– Bitcoin dominance fluctuations

– Network development updates

– Asian market opening activity (since Conflux has strong exposure to Asia)

Always DYOR – this is not financial advice, just a trading idea shared for educational purposes.