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🧵 $CFX Market Update | Range-bound consolidation, waiting for a breakout or a pullback confirmation
💬 Which coin needs analysis? Leave a comment in the comment section. This is only personal analysis sharing and does not constitute investment advice.
📌 Current Market Situation
· Current price: 0.0622 - 0.0642 Range-bound consolidation
· 4-hour timeframe is healthy, daily trend is bullish
📌 Trading Strategy
· Entry methods:
· Place an order near 0.0625 to buy
· Or wait for a 4-hour breakout above 0.0642, then confirm a pullback to 0.064 before entering
· Take profit targets:
· Swing trade: 0.068 - 0.069
· Long-term: Break above 0.07 and stabilize, a new wave of movement will begin
Hold positions and observe, do not chase high. A breakout above 0.064 is a short-term confirmation signal
$CFX
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