🔥 $CFX / USDT Daily Analysis – Can the Fire Keep Burning? 🧨
“Conflux ignited a spark — but can it keep the fire alive?”
Current Price: $0.1900
Daily Change: -1.61% 🔻
Timeframe: 1D 📅
📈 MA Snapshot:
🟢 MA 7: $0.2021 (recently broken)
🟢 MA 25: $0.1532 (still trending up)
🟢 MA 99: $0.0987 (long-term trend intact)
🔍 Technical Outlook:
After a monster July breakout, nearly doubling in price, $CFX is taking a well-earned breather. Price just closed below MA7 — a short-term yellow flag 🚩 — but with MA25 way below, the bigger trend still favors bulls. 🐂
This is correction mode, not full reversal... yet.
🟢 Potential Upside (if rebound holds):
🎯 TP1: $0.2100 — recent swing high
🎯 TP2: $0.2350 — July peak
🎯 TP3: $0.2650 — major breakout zone
🔴 Key Support Zones:
🔹 $0.1830 — local horizontal
🔹 $0.1650 — pre-breakout base
🔹 $0.1530 — MA25 = critical support ⚠️
🧠 TL;DR:
Macro trend = bullish
Short-term = cautious under $0.20
As long as price holds above $0.153, bulls have the upper hand. But a clean reclaim of $0.202+ would help reignite the momentum. 🔥
Smart money watches the MA25 — break that, and the tone shifts fast.