CFXUSDT is showing signs of a potential Inverse Head and Shoulders (ISHS) formation, with both shoulders already established. We are closely monitoring the neckline, and if the price breaks through it, we will consider entering on a pullback.
Alternatively, if the price presents an opportunity, the highlighted area on the chart, identified as an important demand zone, could serve as a favorable accumulation area for long positions.
It's important to place your stop-loss below the shoulder.
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