🟢 Long Trade – $CFX /USDT (4H Setup) 🟢

Bullish Breakout with Volume Confirmation

Market Insight

$CFX

is exhibiting strong upside momentum, currently up +8.15%, and has decisively broken above key short-term moving averages (MA5 > MA10). Volume has surged to 262.96M CFX, reflecting solid buying interest. The price has cleared previous resistance at $0.2166, signaling potential for further gains if momentum continues.

📥 Entry Zone:

$0.2160 – $0.2220

(Buy-the-dip strategy within this zone provides a strong risk-reward opportunity)

🎯 Targets

• TP1: $0.2280

• TP2: $0.2365

• TP3: $0.2480

🛑 Stop Loss:

• $0.2040 (Positioned below key support and volume void)

🔑 Key Levels

• Support: $0.2166, $0.2099, $0.2004

• Resistance: $0.2283, $0.2365, $0.2480

• Pivot Zone: $0.2210 – $0.2230

💡 Pro Tip

Monitor for consolidation above $0.2230. A 4H candle close with sustained volume above this level could confirm bullish continuation toward $0.236+. Avoid entering on breakout candles—wait for pullback wicks into the entry zone for optimal positioning.

#CFX