$CFX is stabilizing after the rebound from the 0.0680 reaction low and I’m watching this closely because buyers stepped in aggressively from that zone and flipped short term structure. The 1h candles are holding above the breakout area and price is printing higher lows after the impulse move. This looks like controlled consolidation rather than exhaustion. If this structure holds the next continuation becomes possible with steady follow through.
Here my full setup from this chart
Entry Point
0.0760 – 0.0725
Target Point
TP1: 0.0790
TP2: 0.0825
TP3: 0.0860
Stop Loss
0.0695
Its possible because pullbacks toward the 0.0725 zone are getting absorbed quickly and sellers are failing to push price back below the previous base. If $CFX stays above the support zone the move toward 0.0790 becomes the natural first step before momentum attempts higher continuation again
#USGDPUpdate #USCryptoStakingTaxReview #WriteToEarnUpgrade
CFX
0.0818
+2.63%