#CFXUSDT Technical Update

CFX saw a sharp 19 percent drop in the last 24 hours falling from recent highs around 0.2389 to current support near 0.1770

Volume remains strong with over 508 million CFX traded and signs of small recovery seen on lower timeframes after 2215

Key support zone at 0.1560 must hold to prevent deeper fall while 0.2000 acts as the first resistance

TP 1 at 0.1900

TP 2 at 0.2050

TP 3 at 0.2250

SL below 0.1550

CFX now consolidating with possible upside if bulls regain control

Posted by Crypto Future 77