๐จ Is $CFX getting ready to explode? Or is support threatened? ๐๐ฅ
CFX is trading at 0.1460, maintaining its position above the critical support at 0.1348
๐ข The structure remains positive as long as this level holds
๐ Scenario One:
Staying above 0.1348 โฌ ๏ธ Potential rise towards 0.2710, and if it breaks, the move may extend to 0.5258 โ 0.6000 ๐
โ ๏ธ Scenario Two:
๐ปBreaking 0.1348 โฌ ๏ธ cancels the pattern and opens the door for a wider drop
๐ A weekly outlook suggests the possibility of forming a higher low before a larger move
๐ฏ The price is within a watch zone... and technical signals are crucial now
๐ Do you see $CFX ready to launch? Or will it retest support before that?
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CFXUSDT
Perp
0.06537
-1.74%