Technical analysis by MadWhale about Symbol CFX: Buy recommendation (10/2/2025)

Hello✌️ Let’s analyze Conflux’s price action both technically and fundamentally 📈. 🔍Fundamental analysis: If the new Conflux (CFX) proposal passes, companies must lock tokens for 4 years, removing about 11% of supply. This could boost CFX’s price outlook, but only 23% of proposals usually pass. 📊Technical analysis: CFXUSDT is moving inside a daily descending channel; if this support area holds, the setup suggests a potential rebound of around 26% with a target near 0.19. 📊🚀 📈Using My Analysis to Open Your Position: You can use my fundamental and technical insights along with the chart. The red and green arrows on the left help you set entry, take-profit, and stop-loss levels, serving as clear signals for your trades.⚡️ Also, please review the TradingView disclaimer carefully.🛡 ✨We put love into every post! Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale