$CFX

Here's a concise analysis of **Conflux (CFX)** for **August 12, 2025**:

📉 **Price & Trend**

- **Current Price**: **$0.1938** (down **7% today**), testing support near **$0.1930–$0.1940** .

- **Weekly View**: Down **8–13%**, underperforming major cryptocurrencies like BTC/ETH .

🔍 **Key Levels**

- **Support**: **$0.1736** (critical; break risks drop to **$0.16**) .

- **Resistance**: **$0.2081–$0.2273** (breakout could trigger rally to **$0.25+**) .

- **Indicators**:

- Trading **above 50-day SMA ($0.1359)**, signaling long-term bullish bias .

- RSI at **45–61** (neutral), but MACD shows bearish momentum short-term .

⚡ **Catalysts & Risks**

- **Bullish Drivers**:

- **Institutional adoption**: Swiss banks (Sygnum) added CFX custody; China Telecom partnership expands utility .

- **Technical breakout potential**: Sustained hold above $0.20 may fuel 30% surge .

- **Risks**:

- **Whale sell-offs**: Large holders deposited tokens to exchanges, increasing sell pressure .

- **U.S. CPI data today**: Expected to amplify crypto-wide volatility .

🔮 **Short-Term Outlook**

- **Bullish**: Hold above **$0.1930** → retest **$0.2081** → rally to **$0.2273** .

- **Bearish**: Break below **$0.1736** → drop to **$0.16** (Fibonacci retracement zone) .

**Summary**: CFX consolidates with mixed signals. Watch **CPI impact** and **$0.2081 resistance** for breakout clues. Long-term fundamentals (China blockchain ties) remain strong .

Key Metrics:

| **Metric** | **Value** |

|------------------|-------------------|

| **24h Change** | -7% |

| **Market Cap** | $993M–$1.1B |

| **24h Volume** | $132M–$142M |

| **Sentiment** | Bullish (70 Greed)|

| **7-Day Trend** | ↘8–13% |

**Potential Moves**:

- Upside: Break above $0.2081 → $0.25 (short-term) → $0.43 (2025 target) .

- Downside: CPI shock or whale sells → test $0.16 .