$CFX

/USDT Technical Analysis and Trade Signal#BinanceAlphaAlert #CryptoRegulation2025 #BinanceLabsBacksUsual

Current Trend

Momentum: Bullish (Positive change of +1.63%, price hovering near 24h high).

Key Levels:

Resistance at $0.1626 (recent high).

Support at $0.1547 (24h low).

Trade Signal

Action: Buy on Breakout if price closes above $0.1626 on a 4H or 1D candle for momentum continuation.

Targets 🎯

1. Target 1: $0.1650 (Short-term)

2. Target 2: $0.1700 (Medium-term, minor resistance expected)

3. Target 3: $0.1750 (Optimistic rally continuation)

Stop-Loss

Place a stop-loss at $0.1580 (below immediate support).

Trade Momentum

Volume: Increasing steadily (confirmation of buyer interest).

Relative Strength Index (RSI): Likely in a bullish zone if RSI >50 on a 4H chart.

MACD: Look for a bullish crossover (if present) for extra confirmation.

Monitor closely for pullbacks and trend strength to adjust levels dynamically.