🚨 $CFX Skyrockets 35% in 24H — Pharma Acquisition Sparks Massive Surge! Is This Just the Beginning? 🔥
$CFX just exploded +35%, and it’s not just hype — this rally is backed by major acquisition news, bullish technicals, and a shrinking supply shock. 👀
💥 What’s Fueling the Fire?
📢 Strategic Takeover Buzz
Hong Kong-listed Leading Pharma Biotech (HK0399) announced plans to acquire Conflux, triggering a buying frenzy.
Pharma stock jumped 10% intraday
Two Conflux co-founders already serve as Pharma execs
Follows a 240% Pharma stock spike from the July 2 pre-announcement
📈 Technicals Back the Breakout
RSI 14: 72.65 → Strong but not overheated
MACD: Bullish crossover
Price target: $0.115–$0.13 after clearing Fibonacci resistance at $0.102
Volume: $236.7M — up 433% in 24H
🔥 Tokenomics Fueling the Rally
76M CFX burned in May
500M CFX staked — cutting liquid supply by 11%
Momentum from the Conflux Tech Conference (July 18–20) highlighting AI + RWA integrations
⚠️ What’s Next?
Can $CFX hold above $0.14 resistance and sustain this reversal, or is a profit-taking wave incoming after a +98% gain in 90 days?
📉 Or is this the beginning of a full-blown bull run?
Stay tuned — the charts and fundamentals are aligning fast.
#CFX #conflux #altcoinseason #CryptoNews #MacroInsights #BinanceSquare #PharmaDeals #DeFi #AIChain