$CFX

📈 Conflux (CFX) – 1 Month Technical Analysis and Visual Preparation

🔍 1 Month Technical Analysis (July 6 – August 4, 2025)

Price movement and trading volume:

CFX price increased by 60–70% last month, reaching $0.22**.

According to CoinMarketCap data, the increase in the last 24 hours is 4–5%, with a market cap of ~$1.15 Billion USD.

Technical trends:

According to Investing.com’s analysis, strong buy pressure is dominant in the initial signals; all EMAs (5‑200 days) are in the buying direction, technical indicators (MACD, RSI ~69, ADX ~24) are giving positive signals.

Support and Resistance Levels:

Main support: ~$0.20 (near EMA50/100)

Critical resistance: ~$0.227–0.228 (current OH); regions like $0.246–$0.278 could be tested above.

Formations & Momentum:

CFX has strong momentum despite volatility; oscillators like RSI and CCI are in the overbought region, and MACD shows a positive crossover. This suggests careful monitoring of potential short-term profit realizations.

📊 Strategic Recommendations

Strategy Description

Cautious approaches If the price pulls back below $0.20, gradual buying should be considered.

Follow-up strategy If resistance at $0.228 is broken, there could be potential upward movement to the $0.246–$0.278 range.

Risk control RSI is in the overbought region; short-term selling pressure may occur.

Fundamental support On-chain developments and announcements related to Binance / China should be monitored.