$CFX 🚀Conflux Tests Key Resistance at $0.22 Amid Bullish Momentum!
August 4, 2025 — CFX/USDT is trading at $0.2109 (-1.45% today), consolidating near $0.22 resistance after a 14.63% weekly surge . Despite the pullback, Conflux remains +196.96% over 30 days, fueled by ecosystem growth and China’s regulatory compliance edge.
Why CFX Now?
Technical Setup: RSI at 49.6 (neutral), with key support at $0.2063 (24H low). A breakout above $0.2229 (24H high) could target $0.25 (next resistance).
Catalyst: V3.0.0 Hardfork (Sep 1) promises EVM upgrades and scalability boosts, attracting developer interest.
Whale Activity: $702K buy orders spotted on Binance, signaling accumulation.
Trade Plan:
Buy Zone: $0.20–$0.21 (50-day SMA confluence).
Target: $0.22 → $0.25 (30% upside).
Stop-Loss: Below $0.195 to hedge downside.
📌 Volatility Alert: 24H range $0.2063–$0.2229—watch for breakout confirmation!
Key Stats:
30D Performance: +196.96% | Liquidity: $38M 24H volume.
Sentiment: Neutral (6/10 technical indicators).
Data via Binance Live. DYOR—altcoins are volatile!
Like, comment and share to 5 people.