$CFX Price Flirting with Resistance After 12% Daily Rally
Conflux is trading at $0.2083, up nearly 9% on the day and bouncing strongly from the $0.205 zone. However, price is now facing layered resistance just above $0.2100, with short-term consolidation tightening. A breakout or rejection from this level will likely set the tone for the next move.
Key Levels to Watch
Resistance: $0.2105 – A breakout above this zone could open room for $0.2150 and $0.2190
Support: $0.2070 – If broken, price could slide back toward $0.2040 and $0.2000
Trade Setup
Bullish Entry: 15m close above $0.2105 with solid volume
• Target 1: $0.2150
• Target 2: $0.2190
Bearish Entry: Breakdown below $0.2070
• Target 1: $0.2040
• Target 2: $0.2000
CFX has momentum on its side, but watch closely—this is a classic breakout or fade setup.