🚀 CFX Surges on Bullish Momentum – Smart Traders Position Early
Conflux (CFX) is making waves in the market, with its price currently around $0.2157, up over 13% this week, backed by surging volume and renewed ecosystem activity.
📈 Technical Outlook
Price has broken past key resistance, forming a bullish continuation pattern.
RSI is rising but remains below overbought levels, while MACD shows a fresh bullish crossover.
Strong support seen near $0.205, resistance approaching $0.225–$0.230.
🔥 Catalysts Driving the Rally
Surge fueled by Conflux's role in yuan-pegged stablecoin infrastructure.
New integrations in AI and cross-border blockchain payments further boost confidence.
Short liquidations and volume spikes suggest growing market conviction.
🎯 Trading Strategy
Buy on dip near $0.205–$0.210 for safer entry.
Breakout trade above $0.225 targets $0.250–$0.300 short term.
Use stop-loss below $0.200 and trail profits as price rises.
📊 With strong fundamentals and bullish technicals aligning, CFX is shaping up as one of the top altcoin setups of the week.
DYOR No Financial advice!
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