🔥 $CFX /USDT Daily Analysis
“Conflux ignited a spark — but can it keep the fire alive?” 🧨
📊 Chart Summary (1D Timeframe)
Current Price: $0.1900
Daily Change: -1.61% 🔻
MA 7: $0.2021 (broken)
MA 25: $0.1532 (still trending up)
MA 99: $0.0987 (long-term bullish trend intact)
🔎 Technical Outlook:
After a massive July breakout that nearly doubled the price, CFX is now undergoing a healthy correction. Price has closed below MA7, a short-term warning sign. However, MA25 remains far below, acting as a strong cushion.
🟢 Upside Targets (If Rebound Happens):
Target 1: $0.2100 — Recent high
Target 2: $0.2350 — July peak
Target 3: $0.2650 — Psychological breakout level
🔴 Downside Support Levels:
Support 1: $0.1830 — Local horizontal
Support 2: $0.1650 — Pre-breakout consolidation
Support 3: $0.1530 (MA25) — Major support!
🧠 TL;DR:
CFX’s trend is still bullish on the macro, but short-term traders should be cautious below the $0.20 zone. As long as price holds above $0.153, bulls are still in control.
