$CFX /USDT BULLISH MOMENTUM CONTINUES – TIME TO GO LONG! 🚀
📊 Current Price: $0.0786 (+7.82%)
🔹 24h High: $0.0797
🔹 24h Low: $0.0698
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Key Levels to Watch 🔑
Support: $0.0740 (MA 99) & $0.0757
Resistance: Immediate at $0.0797 (24h high), next at $0.0801 (depth level)
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Moving Averages Insight
MA(7) & MA(25): $0.0782 (consolidation zone acting as support)
MA(99): $0.0740 (strong long-term support)
Price is comfortably above MA(7), MA(25), and MA(99), confirming strong bullish trend.
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Trade Setup: LONG ENTRY 💰
Entry: $0.0785 (current breakout level)
Take Profit (TP):
TP1: $0.0801 (near resistance)
TP2: $0.0820 (next psychological level)
Stop Loss (SL): $0.0735 (below MA 99 and recent support)
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Risk Management ⚠️
Limit risk to 1-2% of your trading capital
Place SL to minimize losses in case of reversal
Confirm volume surge for stronger breakout validation
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🔥 Summary: CFX is showing strong bullish momentum above key moving averages with a high chance to break immediate resistance. Perfect opportunity to enter long with disciplined risk control!
#CryptoTrading #CF #MarketPullback #CircleIPO #CUDISBinanceTGE #Write2Earn $CFX
