$CFX 🚀 CFX/USDT: Momentum Brewing or Fading Signal?
The Conflux (CFX) pair is showing signs of renewed strength as it tests a key resistance zone. After bouncing from support near the $0.15 mark, bullish pressure seems to be building—fueled by increased volume and whale accumulation signals. MACD hints at a possible divergence setup on the 4H chart, which could indicate a short-term breakout.
🔍 Key levels to watch:
- Support: $0.152
- Resistance: $0.179
- Breakout trigger: A close above $0.180 with sustained volume
📊 Market Sentiment: Neutral to cautiously bullish
📈 Potential Play: Traders might eye a breakout trade with tight stop-losses. Be mindful of fakeouts and news catalysts—CFX has been known to swing on ecosystem updates.
💡 Pro Tip: Watch ETH's gas trends and China-based crypto sentiment. CFX often moves in tandem with regional momentum shifts.