$CFX Technical Analysis (Approximate)
• General Trend: In recent months, the price has been moving within a horizontal range between $0.14 - $0.22 with attempts to break resistance without clear success.
• Strong Support: $0.14 then $0.12 (in case the first support is broken).
• Strong Resistance: $0.22 then $0.26 (if a breakout occurs).
• Moving Averages:
• If the price is above MA50 and MA200, it may be a positive signal for the beginning of an upward wave.
• A bullish crossover on RSI or MACD may give a buy signal$cfx