CFX/USDT: Two-Plan Strategy for the Next Move

[bonk]

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.

[Nahid10]

Nice clarity in the two‑scenario approach—love it. Would add that besides chart confirmation, checking CFX/USDT on longer‑term timeframes (daily/weekly) can add confidence to either plan. If daily RSI is still in bullish range and macro sentiment (like Bitcoin dominance) is positive, Plan A’s odds improve. If not, waiting for bearish confirmation avoids trap setups.Also consider correlating CFX’s on‑chain fundamentals—like network activity or token unlock schedules—as these can influence strength or weakness beyond just price structure.

[jacson4]

Solid breakdown! Using a dual‑plan strategy (Plan A: bullish breakout, Plan B: bearish breakdown) is exactly the kind of disciplined play we need in volatile altcoin pairs like CFX. On the bullish side, if CFX breaks above the descending wedge with strong volume—confirming via a 4‑hour candle close—targets near the $0.85–$0.90 range make sense. On the flip side, a decisive drop below the support trendline could lead toward the recent swing low around $0.60–$0.65.