$CFX

/USDT Technical Analysis Report

Date: July 20, 2025 | Current Price: $0.1458 (+39.66%)

Conflux (CFX) has shown an explosive breakout, surging by +39.66% over the last 24 hours and catching the attention of the crypto market. The price is currently trading at $0.1458, rising with strong momentum after hitting a low of $0.1018. This rally has been supported by an impressive 24-hour trading volume of 342.88M CFX and $44.75M in USDT, signaling solid interest from traders and investors. CFX also reached a 24h high of $0.1546, which now acts as the immediate resistance level to watch.

On the technical side, CFX is trading within a sharp uptrend with strong bullish candles seen across multiple time frames (15m, 1h, and 4h). The price recently broke above key resistance levels at $0.1224 and $0.1340, and is now holding gains above $0.1445, which has turned into a new support level. If buying pressure continues, we can expect a quick retest of $0.1546, and possibly a move toward $0.1573, the next breakout point. If that level is cleared, the next upside target lies near the $0.165–$0.170 zone.

However, in case of a short-term pullback, key support levels to watch are $0.1340, $0.1224, and $0.1108. As long as the price stays above $0.1340, the bullish trend remains intact. The strong price action along with high volume and a clear breakout structure makes CFX a high-potential candidate for short-term traders looking for momentum trades.

In conclusion, CFX/USDT is currently in a powerful bullish phase, with technical indicators and market volume aligning to support further gains. This is the kind of setup that excites active traders—clear breakout, strong trend, and high volume. With continued buyer interest, CFX could deliver even more gains in the near future. Traders should monitor closely for a breakout above $0.1546 to ride the next wave.