š $CFX /USDT Technical Analysis
š° Current Price: $0.1636 (+7.21%)
šÆ Key Levels:
ā¢ Resistance: $0.1667 (24H High)
ā¢ Support: $0.1600
ā¢ Next Targets: $0.1700 and $0.1800
š Trade Setup:
ā¢ Entry Zone: $0.1610 - $0.1635
ā¢ Take Profit (TP):
ā¢ TP1: $0.1667
ā¢ TP2: $0.1700
ā¢ TP3: $0.1800
ā¢ Stop Loss (SL): $0.1580
š Market Insights:
1. $CFX is showing bullish momentum after breaking key levels.
2. Watch for a retest of $0.1600 for a strong support confirmation before continuation.
ā” Recommendations:
ā¢ Look for a solid breakout above $0.1667 to target higher levels.
ā¢ Secure partial profits at $0.1700 and adjust your stop loss to breakeven.
ā¢ Stay cautious of potential reversals around resistance areas.
Trade smart and manage risks effectively!