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Technical analysis by melikatrader94 about Symbol CFX: Buy recommendation (7/23/2025)

https://sahmeto.com/message/3657302
melikatrader94
melikatrader94
Rank: 1205
2.6
Buy،Technical،melikatrader94

Hello guys. CFX just broke out of a long-term downtrend line, showing strong bullish momentum. After this sharp impulse, we're now patiently watching for the pullback zone. Here’s my plan: ✔ First plan: Looking for a reaction around the breakout retest zone (0.1500–0.1300). This is the ideal area for a bullish continuation if buyers step in early. ✔ Backup plan: If the price drops deeper, the second demand zone (around 0.1060–0.0950) is where we’d expect stronger buyer defense. Potential upside target: 0.31+, where price previously showed strong selling pressure.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$0.31
Stop Loss Price
$0.13
Price at Publish Time:
$0.17533
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