Here's the technical snapshot for $CFX
/USDT (Perpetual Contract):
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🟡 Market Overview
Last Price: $0.07410
Mark Price: $0.07413
24h Change: -0.44% 🔻
24h High: $0.08392
24h Low: $0.07198
24h Volume:
CFX: 605.43M
USDT: $46.60M
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📊 Moving Averages
MA(5): 15.63M
MA(10): 55.14M
Note: Volume has significantly dropped from 10-period average, indicating a cooldown in momentum.
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📉 Depth / Price Levels
Price Zone Type
$0.08392 – $0.08452 Resistance zone (recent high) 🔼
$0.07926 – $0.08189 Mid-level resistance
$0.07410 – $0.07413 Current zone (neutral pivot)
$0.07198 – $0.07138 Support zone 🔽
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📈 Trend Analysis
Short-Term Trend: 🟠 Sideways to Slightly Bearish
Momentum: Weak, below local midline
Market Behavior: Price hovering near the 24h low, under pressure
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🧠 Scenarios
🟩 Recovery Play
Entry: Above $0.0755
Target: $0.078 – $0.080
Stop Loss: $0.0732
🟥 Breakdown Play
Entry: Below $0.0719
Target: $0.0700 – $0.0680
Stop Loss: $0.0740
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⚖️ Outlook Summary
Bearish short-term bias, especially if it fails to reclaim the $0.075–0.076 resistance quickly.
Volume declining, indicating potential lack of follow-through on either side.
Neutral-to-bearish caution advised unless strong buying steps in.
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