Conflux rose 0.56% in 24h, reflecting continued sentiment from May’s 76M CFX burn and 500M CFX staking. This supply cut (over 11% total) keeps buyers interested despite a -19.6% drop over the past 30 days.

Technicals remain neutral, with MACD turning slightly bullish and RSI at 42.69. Price consolidates near $0.071, with resistance at $0.0845 and 50-day SMA at $0.0827 as key levels to watch.

Bitcoin dominance at 65% limits altcoin moves, but CFX holds firmer than peers. The rebound is likely a delayed reaction to supply shocks—not a strong breakout—unless market trends shift.

$CFX #Conflux #Bullish #Trading #Binance