✴️ Conflux Ready To Pop, New High Territory (295-500% Potential)

Conflux (CFXUSDT) is trading above EMA200, just moved recently above this level.
When this level was conquered as resistance back in January-February this year, it led to a massive bullish explosion.

Here we have the play of 0.786 Fib. retracement being tested as support.
CFXUSDT challenged this level continually and moved below it for a few weeks just to print a massive recovery.

The recovery led to a move and close above EMA200 and thus a long-term bullish bias reactivated.
Above this level anything goes.

➖ First, if CFXUSDT moves and closes daily below EMA200, here sitting at 0.16411, this is bearish short-term but the bullish bias remains valid.

➖ The main support is 0.12139 long-term, the 0.786 Fib. retracement level relative to the bullish wave from early 2023.

Now we can look up...
👉 85% is the easy target (0.33915).
👉 296% follows (0.72604) and finally 509% (1.11111).

Remember to plan ahead of time.
Develop a trading strategy or do you whatever you feel you need to do grow and shine.

Wishing you tons of luck, health, wealth and success.
You deserve the best!

Namaste.