$CFX /USDT (Conflux Network):
๐ฏ Targets:
Target 1: $0.198
๐งฑ MA99 resistance zone, currently being tested.
Target 2: $0.215
๐ผ Mid-range resistance from August 7โ10 consolidation.
Target 3: $0.230
๐ Breakout zone from late July surge.
๐ก๏ธ Support Levels:
Support 1: $0.182
๐ MA25 confluence โ short-term trend pivot.
Support 2: $0.175
โ ๏ธ Strong horizontal level + MA7 cluster.
โ๏ธ Technical Snapshot:
Strong 2-candle breakout from base near $0.175.
MA7 just crossed above MA25 โ early bullish signal.
Price now contending with MA99 resistance (~$0.1956) โ a flip of this level can trigger momentum toward $0.215.
RSI likely rising but watch for rejection wicks near $0.198โ$0.200.
๐ Summary:
CFX is attempting a short-term breakout on the 4H. If bulls flip the MA99 with volume, momentum could accelerate toward $0.215+. Holding $0.182 on any pullback is key to sustain the breakout structure.
