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Technical analysis by Qaisrani-Trades about Symbol CFX: Buy recommendation (5/21/2025)

https://sahmeto.com/message/3537028
Qaisrani-Trades
Qaisrani-Trades
Rank: 24525
1.2
Buy،Technical،Qaisrani-Trades

CFX/USDT BREAKOUT ALERTCFX/USDT has already broken out of the bull flag pattern and is showing bullish momentum. Since a bull flag is typically a continuation pattern, this breakout suggests the potential for further upside.However, if the price drops back into the flag structure, it could turn out to be a fakeout. Watch closely to see if the breakout holds or fails.Key point:Sustained price action above the breakout = bullish confirmationDrop back inside the flag = potential fakeoutStay alert and manage risk accordingly.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$0.11
Stop Loss Price
$0.09
Price at Publish Time:
$0.091283
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