To the moon 📈💥
Conflux (CFX) shows strong technical signals on the chart, forming a bullish flag pattern after a sharp rise — a classic setup for a potential explosive move.
On the 4-hour time frame, we observe a series of higher lows, horizontal consolidation, and technical indicators aligning with the onset of a new upward wave.
The RSI indicator is recharging momentum in the mid-range, while the MACD is bending upwards, indicating a potential bullish crossover.
Trading volume is gradually increasing, with early buyers returning and selling pressure stabilizing — just like in previous explosions for tokens like SOL, ARB, and DOGE.
On-chain, exchange balances are decreasing, indicating a transfer of tokens to cold wallets.
Whale activity is increasing, and BubbleMaps data shows new accumulation clusters — clear signs of the market's readiness for a strong move.
The price of CFX has risen by 40% in the last 24 hours, with a jump in trading volume of 374%, and open interest has increased by 109%.
The next psychological level is $0.25, and if clearly broken, momentum may extend towards $0.30 and then $0.35, possibly higher.
Social sentiment is rising, with increasing talk about CFX in CT and degens circles, amidst profit shifts from projects like Rugcoin and WIF to new setups.
Confirmation of the breakout requires a clear breach of the upper trend line with strong trading volume.
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CFXUSDT
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