๐๐ฅ #CFX Today's Trend ๐ฅ๐
After a historic rally exceeding +116% in 24 hours and reaching a price of $0.24, Conflux is experiencing a natural correction today towards $0.18โ$0.21 while the momentum remains strong.
๐ Key Catalysts:
Upcoming launch of Conflux 3.0 with AI support and 15,000 TPS.
Strategic partnerships with a Yuan-backed stablecoin.
Liquidation of short positions worth over $11 million (Strong Short Squeeze).
๐ Technical Analysis:
Resistance: $0.24โ$0.25 โ Breaking this level may open the way to $0.27โ$0.30.
Strong support: $0.186โ$0.18.
RSI is high (Overbought) โ A correction is likely before a new rally.
๐ก Summary:
The market is awaiting a breakout above $0.25 to start a new wave, or a test of the $0.18 support to gather upward momentum again.
๐ Do you expect to see $0.30 soon? ๐ค$CFX
#Conflux #CFX #crypto #Binance inance #Trend_Currencies #ุชุญููู_ููู