$CFX is currently experiencing a bearish market structure, sitting at $0.0701, just above its support level of $0.0689. With an RSI of 36.07, the momentum suggests potential consolidation or further decline. A breakout strategy may be advisable if it approaches resistance at $0.074; however, caution is warranted due to the trading volume of 7,963,355 and external factors like Bitcoin's volatility and macroeconomic shifts. Stay vigilant!
