$CFX after receiving strong support near the daily EMA10, a bullish engulfing pattern formed. Coupled with the official announcement from Conflux about collaborating with a Southeast Asian telecom operator to expand Web3 identity solutions, market sentiment has noticeably heated up. I placed an order to enter the spot market at 0.178 and set a 5% stop loss at 0.172. In the short term, 0.196 is a previous area of concentrated trading. If it breaks out with volume and BTC maintains strength, the initial target is 0.21; if the trading volume decreases, I will take profits in batches at 0.195.
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