Alright, stay with me for a second — this one is quietly setting up…
$CFX just delivered a strong impulsive move from the lower range and is now cooling off in a tight consolidation near the highs. After that sharp push, price is not dumping — instead it’s holding above the breakout zone, which tells me buyers are still in control. This kind of pause usually means the market is catching its breath before the next decision.
As long as $CFX holds above the current support band, continuation to the upside remains the higher-probability play. A clean hold here keeps bulls comfortable, while any loss of structure would simply turn this into a deeper pullback, not immediate trend failure.
Trade Setup
Long Entry: 0.0755 – 0.0763
Target 1: 0.0780
Target 2: 0.0805
Target 3: 0.0830
Stop Loss: 0.0738
Short Outlook
If price fails to hold above the 0.074 support area, expect short-term weakness toward lower demand. Until that happens, the bias stays bullish with continuation potential.
