Token Name: $CFX /USDT – Big Move Ahead?
Current price is trading around 0.0470 USDT, reflecting a +7.06% move in the last 24 hours. After a sharp pullback from the 0.0497 high, price found support near 0.0465 and is now attempting a short-term bounce.
On the 1H structure (intraday view from the 15m chart), we can see buyers stepping in after the recent sell-off. A higher low is trying to form above 0.0465, suggesting early signs of momentum recovery. However, price still needs to reclaim nearby resistance to confirm bullish continuation.
The key resistance zone to watch is 0.0478–0.0485. A sustained breakout above this range with strong volume could shift short-term structure back in favor of buyers.
Trade Setup
• Entry Zone: 0.0468 – 0.0473
• Target 1: 0.0478
• Target 2: 0.0488
• Target 3: 0.0500
• Stop Loss: 0.0460
If the breakout level is taken with solid volume confirmation, price can extend into a broader recovery move toward the previous high zone. Failure to hold above 0.0465 would weaken the setup and reopen downside pressure.
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