🔍 $CFX /USDC – Selling pressure after a strong upward wave
• Current price: 0.2032
• The price has decreased by -6.79% over 24 hours after touching a peak of 0.2796
• Previous support (around 0.19 – 0.20) remains resilient so far
• SAR indicator above the price = Continuous selling pressure
• KDJ indicator shows weakness in momentum with a clear downward crossover
🔸 Support and Resistance
- Support: 0.1980
- Resistance: 0.2200
📉 The closest scenario now
- If the price breaks 0.1980 with a strong candle close, we may see a drop towards 0.1850
- However, if it holds above 0.20 with volume, the price could return to test 0.22 again
📌 Technical opinion:
The short-term trend is cautiously bearish; purchasing is not preferred now unless reversal candles appear or resistance is breached with clear momentum
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