$CFX /USDT 4‑Hour Update

Over the past four hours, CFX/USDT (Conflux) has seen moderate bullish activity, currently trading around $0.2117 USDT. The intraday low has been close to $0.1830, while the high reached approximately $0.2750—indicating a wide volatility range within just a few hours.

During this period, price action moved steadily upward after bouncing off the $0.1850–$0.19 support zone, reflecting stronger buying interest at those levels. Resistance appears to be clustering near $0.22–$0.23, where price has tested but not convincingly broken through yet.

Momentum indicators are likely showing cautiously optimistic signals; the volume is above average, suggesting real participation behind the upward push. If CFX can sustain above $0.22, it may aim for a test of $0.24–$0.25 in the near term.

Conversely, if support near $0.19 fails, the pair could retrace toward $0.18 or even revisit $0.17 as the next support level. Traders should watch for a consolidation or continued breakout.

Summary: CFX/USDT is currently in a recovery phase, breaking out from recent lows around $0.185. The path higher will depend on clearing resistance in the $0.22–$0.23 range with volume confirmation. A drop below $0.19 could end the short-term bullish bias.

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Notes: Price data reflects a snapshot from multiple exchanges via CoinMarketCap, TradingView, and recent finance data .