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Shoborna khatu
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BullishMinds
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$CFX
{future}(CFXUSDT)

$CFX/USDT 15M CHART BREAKOUT: BULLS TAKE CONTROL AFTER 8.43% SURGE!
LONG TRADE SIGNAL
Trade Setup (Intra-Day/Scalp):
| Parameter | Value (USDT) | Rationale |
|---|---|---|
| Entry | $0.1530 - $0.1537 | At current price or on a retest of the recent breakout high ($0.1537). |
| TP 1 | $0.1555 | Short-term extension target, based on momentum extrapolation. |
| TP 2 | $0.1580 | Next psychological resistance level above the recent high. |
| SL | $0.1484 | Below the most recent significant structural low on the 15m chart. |
Short Outlook of Market:
The 15-minute chart for $CFX/USDT is exhibiting a strong, impulsive upward movement, breaking past its recent local high. The price has surged over 8.43\% from its intraday low of 0.1401 to the current price of 0.1531. This rally is characterized by large, bullish green candles, suggesting strong buying pressure and momentum. The recent high of 0.1537 now acts as a crucial immediate resistance, which, if converted into support, can pave the way for a continued move towards higher targets. The 24h High (0.1537) is the immediate technical obstacle.
#CFX #Conflux #CFXUSDT #CryptoTrading #Altcoin
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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