Exclusive and Simplified Technical Analysis for $CFX CFX (Conflux) based on the image:
@Caldera Official @Chainbase Official
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✅ Current Price:
0.2096 USD
Slight Decline: -2.38%
@Treehouse Official @Lagrange Official
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💬 Movement Summary:
The price is approaching strong support at $0.2100, which is a very important level technically.
Despite the temporary decline, the price shows relative stability above this support.
If it holds above this level, it is expected that buyers will maintain control and push the price upward.
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📊 Market Sentiment:
86.1% Optimistic
13.9% Bearish
This high percentage of optimism indicates market confidence in an imminent rise.
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📈 Technical Pattern:
A symmetrical triangle formation has been observed, which is a technical pattern that often precedes sharp movements.
If resistance at $0.23 is breached, we are likely to witness a significant surge towards higher levels.
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🔍 Activity Over 24 Hours:
Search Volume: 21.37k
Influencer Posts: 103
Total Posts: 4092
➡️ This indicates good community activity and increasing interest in the coin.
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🔔 Key Points for Trading:
Type Level
Main Support $0.2100
Resistance 1 $0.2300
Resistance 2 $0.2500 (if breached)
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📌 Recommendation:
If the price stays above $0.2100 → Short-term buying opportunity possible targeting $0.23.
A clear close above $0.23 = Confirmation of entering a stronger bullish wave.
Suggested Stop Loss: Below $0.2040.
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