🔹 Trading Setup: CFX/USDT
🔸 Entry Zone:
✅ Ideal range: $0.2230 – $0.2260
(Entry near support from recent consolidation before breakout)
🔸 Take Profit (TP) Targets:
TP1: $0.2320
TP2: $0.2390
TP3: $0.2480
(These targets are based on potential Fibonacci extensions & previous resistance zones)
🔸 Stop-Loss (SL):
❌ $0.2180
(Just below MA25 and previous short-term support area)
---
📊 Strategy Notes:
Trend: Bullish (confirmed by MAs and volume)
RSI Warning: Overbought (RSI > 80) – suggests momentum is strong, but a pullback may occur soon
Volume: High bullish volume validates breakout strength