CFX / TetherUS
Panjang

Conflux eyes 26% upside rebound, target set at 0.19$

244
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.🛡

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