🔥 Is CFX Coin a Coming Opportunity or Just a Trap for Buyers
Currency Analysis $CFX
CFX Coin has shown a clear decline in the last few hours by 8 percent
Current price 0.2027 after being close to 0.2214
The short-term trend is bearish but the overall trend remains positive
The price is below the MA60 moving average, which means that sellers are currently in control
The MACD indicator gives negative signals and does not show any bullish crossover so far
Despite the decline, the monthly and quarterly performance is very strong
The coin has risen more than 180 percent over the last 30 and 90 days
This indicates that the current correction is normal after a strong upward wave
Important Areas
First support at 0.2010
The second stronger support at 0.1950
Resistance at 0.2046, and if it is breached, we might see a return towards 0.22
Forecasts
If the price maintains the support at 0.1950 and starts to show rebound candles, we might see a rise towards 0.21 to 0.22
However, if it breaks 0.1950, the decline may continue to lower levels before returning to rise
Advice
Do not rush to buy now
Wait for clear rebound signals
Traders enter only after confirmation
Investors watch from afar and seize opportunities after stabilization