CFX/USDT – 30M – BUY

CFX/USDT on the 30-minute timeframe has fired a confluence of bullish signals, including a Trendline Break Up, Falling Wedge breakout, and multiple indicator crossovers (BOP, STOCHF, BBANDS MIDDLE, DEMA). The Fibonacci Break DownTrend at 0% further supports a potential reversal from the recent downtrend. However, the broader trend across higher timeframes remains bearish, with solid downtrends on the 2h and 4h charts. This suggests the current bullish move may be a counter-trend rally within a larger downtrend. Key levels to watch are resistance at 0.04294 and support at 0.04197. A break above resistance could signal further upside, while a loss of support would invalidate the bullish setup.