$CFX ! Something big has happened! CFX has suddenly risen by 14%, short-term correction risk alert, attention to holders!

CFX has recently surged suddenly, increasing over 14% in 24 hours, the price is approaching 0.21, both retail and institutions are competing.

Why has it risen?

In August, major technical update, solid government backing, the only regulated blockchain in China, participation in cross-border settlement in Shanghai / National Electricity Network, the Hong Kong stablecoin AxHKD will be online soon, capital is flooding in, whales have accumulated 20 million coins, sentiment in futures is overflowing.

What to pay attention to?

It has risen too quickly in the short term, there may be a correction, technical overbought and liquidations of 369 million dollars. Key levels: 0.219-0.24 is resistance, 0.194-0.17 is support, if it falls below it could reach 0.15.

Sister Rong suggests that the bullish logic for the medium and long term is solid, but do not chase high prices! Wait for a correction near 0.194 to buy, set a strict stop-loss.

The more chaotic the market is, the more you should choose assets with a track record and expectations; CFX meets these three points, now is the window of opportunity, but you must be patient!$CFX