💼 $YFI /USDT Trade Setup – DeFi Giant Holding Support, Rebound Possible! 🔄
$YFI is down 1.37%, but holding above the key $5,904 support after retracing from the $6,217 high. Price is consolidating with signs of a potential bounce.
📊 Trade Setup:
• Current Price: $6,126
• Entry Range: $6,060 – $6,150
• Stop Loss: $5,880
• Target 1: $6,238
• Target 2: $6,306
• Target 3: $6,327
If YFI stays above $6,060, bulls may take control again for a short-term rally.
#YFI #DeFi #CryptoSignals #BinanceTrade #AltcoinSetup $YFI
{spot}(YFIUSDT)
CFX Token Drops 22.99% After Major Rally: Market Reacts to Conflux 3.0 and Stablecoin News
Conflux (CFXUSDT) experienced a sharp 22.99% price decline over the past 24 hours, with the current price at $0.1682 on Binance, following a period of significant volatility and a strong rally earlier in the week. The recent price correction is primarily attributed to profit-taking and market consolidation after the asset surged over 70% in the previous week, driven by positive sentiment around the upcoming Conflux 3.0 network upgrade—aimed at increasing transaction capacity and integrating AI—and the announcement of a partnership with AnchorX to launch an offshore yuan-pegged stablecoin. Trading volume remains elevated, with 24-hour figures ranging from $430 million to over $1 billion, and the market capitalization is approximately $900 million, reflecting continued high market interest despite the recent pullback.