#CFXUSDT— Symmetrical Triangle: Ready for a Rally or a

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#CFXUSDT— Symmetrical Triangle: Ready for a Rally or aCFX / TetherUSBINANCE:CFXUSDTCryptoAnalystSignal#CFX The price is moving within a descending channel on the 1-hour timeframe; it has reached the lower boundary and appears poised for a rebound, suggesting a potential upward move upon retesting this level. The Relative Strength Index (RSI) indicates a bearish trend, but an upward breakout is likely due to oversold conditions on the 1-hour chart. An orange trend line supports the potential upward rebound. There is initial support at 0.05064, acting as a primary support zone. A key support zone (marked in green) exists at 0.04558; the price has rebounded from this area multiple times, making it a strong support level. The price is moving toward the 200-period moving average, which is nearby; this supports the case for a rise. Entry Price: 0.05755 Target 1: 0.05871 Target 2: 0.06142 Target 3: 0.06465 Stop Loss: At the green resistance zone. Remember this simple rule: Capital management. If you have any questions, please leave a comment. Thank you.