$CFX Conflux is showing a bullish range-breakout structure supported by increased baseline volume, a daily close above the 200-day moving average, and MACD crossing above zero. Open Interest is rising while funding remains negative, creating the supplied potential short-squeeze setup. The preferred zone is below the current price, allowing the breakout structure to be tested rather than chased.
📈 Bias: Bullish | 🎯 Entry: $0.0640–$0.0670 | 🛡 Support: $0.0610 | 🚧 Resistance: $0.0760 | 🎯 Targets: $0.0750 / $0.0820 / $0.0900 | ❌ Invalidation: Below $0.0590
Strategy: Confirmation entry on a pullback into the breakout area, with the $0.0610 support structure remaining intact. Pasted text
#CFX #Conflux #CryptoTrading #Altcoins #BinanceSquare
📈 Bias: Bullish | 🎯 Entry: $0.0640–$0.0670 | 🛡 Support: $0.0610 | 🚧 Resistance: $0.0760 | 🎯 Targets: $0.0750 / $0.0820 / $0.0900 | ❌ Invalidation: Below $0.0590
Strategy: Confirmation entry on a pullback into the breakout area, with the $0.0610 support structure remaining intact. Pasted text
#CFX #Conflux #CryptoTrading #Altcoins #BinanceSquare