LOYAL Spot Recommendation $CFX @Conflux_Network Conflux (CFX) price may reach $0.3 by the end of August. In July, CFX surged over 100% in a single day, hitting $0.24, with trading volume skyrocketing by 647%. Despite short sellers attempting to take profits, bulls quickly pushed the price back above $0.2. Currently, CFX is in a bullish mode, trading at around $0.20–$0.21, with market sentiment boosted by the Conflux 3.0 upgrade (launching in August, TPS reaching 15,000) and the offshore RMB stablecoin collaboration. On the technical side, CFX is challenging the resistance of a multi-year descending parallel channel ($0.22–$0.25). Recent prices have stabilized near the resistance level, indicating a potential breakout is near. At the same time, the price is testing the upper band of the Gaussian channel ($0.21–$0.23); if it breaks through and holds, it may confirm a bullish trend, with the channel turning upward, pushing the price towards $0.3 (approximately a 40%–50% increase). Key support levels are at $0.18–$0.19. Bullish factors include: Conflux 3.0 enhancing performance, AI integration, stablecoin collaboration, and support from Chinese regulations. However, if the breakout fails or market volatility increases, the price may retrace to $0.18. To reach $0.3 in August, it needs to break through $0.25 and maintain high trading volume. I am accumulating positions in batches at $0.20 and $0.19! Currently, I see no problem reaching $0.3 in the short term!