🚨 $CFX Setup 🚨
🎯 Targets:
TP1: 0.0610 🎯
TP2: 0.0680 🎯
TP3: 0.0780 🚀
📈 Technical Analysis:
$CFX is displaying a textbook bullish breakout. Current price at 0.0557 is up +13.44% today (February 14, 2026). The price action is significant because it has cleared the "traffic jam" of moving averages, trading cleanly above the EMA(99) at 0.0534, EMA(7) at 0.0535, and EMA(25) at 0.0501. The confluence of the EMA(7) crossing above the EMA(99) confirms a "Golden Cross" on this timeframe, signaling strong upward momentum for the "Chinese Ethereum."
🔑 Key Support / Resistance Zones:
Support: 0.0535 (EMA 7 & 99 Confluence) / 0.0500 (Psychological & EMA 25)
Resistance: 0.0560 (24h High) / 0.0620 (Next Liquidity Zone)
We are currently testing the daily high. A breakout above 0.0560 clears the path for a quick move to the 0.0600+ levels.
📊 Volume Insight:
Volume is solid at 5.00M USDT (95.24M $CFX). The volume bars are increasing along with the price, which is a healthy sign of accumulation. The market is waking up to this Layer 1 opportunity.
⚠️ Risk Management Tip:
Stop-loss: 0.0515
Place stop-loss just below the EMA(99) cluster to protect capital. After TP1 (0.0610) is hit, move stop-loss to breakeven (0.0557).
#cryptosignals #Layer1 #ChinaCoin #CFX #TradingSignals 🚀📊
