๐ฅ $CFX in Focus: Will Conflux Ignite a Fresh Rally?
Conflux ($CFX) is holding strong around $0.21, following a blistering 290% rally in July. As bulls consolidate gains, eyes are now on the $0.23 resistance zone โ a breakout here could fuel a run toward $0.30+.
๐ Current Market Snapshot:
Price: ~$0.21
Support: $0.18
Resistance: $0.23
Volume: Strong, backed by whale accumulation
Trend: Bullish structure with EMA crossover
๐ Whatโs Powering the Move?
Anticipation of the TreeโGraph 3.0 upgrade
Strategic push into Chinaโs blockchain ecosystem
Stablecoin integrations and DeFi partnerships
$14M+ in CFX recently moved off exchanges โ classic smart money signal
โ ๏ธ Caution Zone: On-chain usage remains limited and highly centralized (3 addresses = 80% of gas activity).
๐ If $0.23 breaks cleanly, targets between $0.28โ$0.34 come into play. But if rejected, expect support tests near $0.18.
