$CFX /USDT BULLISH BREAKOUT SETTING UP FOR ANOTHER LEG HIGHER š
CFX/USDT is showing strong bullish momentum after bouncing off support near 0.1705 and reclaiming the short-term moving averages. Price has held above the 25-MA (0.1842) and is consolidating just under the 7-MA, indicating that buyers are still in control. If momentum continues, the pair could challenge the recent high of 0.1999 again.
Trade Setup:
š¹ Entry (Long): 0.186 ā 0.188
š¹ Take Profit (TP): 0.195 / 0.200
š¹ Stop Loss (SL): 0.181
Market Outlook:
With bullish sentiment building and moving averages aligned positively, CFX is poised for upward continuation. However, traders should watch for rejection near 0.200 as it remains a key resistance zone.
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