🚀 Conflux (CFX/USDT) – Short Term Trade Setup
📍 Current Price: $0.1825
(Trading between $0.1808 – $0.1887 today)
🔹 Entry Zone: $0.180 – $0.183
(Currently trading right inside this sweet spot)
🎯 Profit Booking Targets
First target near $0.192 (+5%)
Second target around $0.200 (+10%)
Extended move possible towards $0.210 (+15%) if momentum holds
🛡️ Stop-Loss: $0.175
(Risk kept at around –4%)
📊 Why this setup?
CFX is sitting just above strong support at $0.173–0.175. Indicators like RSI on the 4-hour chart are flashing oversold signs, hinting at a possible rebound. A MACD crossover and stability above the 50-day EMA add confirmation. Risk-reward is balanced — a small downside compared to clear upside levels.
⚡ Dynamic Strategy
Buy gradually within the entry zone, book partial profits at each target, and trail your stop once TP1 is hit. This way you secure profits while letting the trend play out.
