💰 Current price: 0.1785 USDT
📊 Market trend:
🔹 A significant pullback has occurred in the short term, influenced by the overall market, with the price dropping from 0.21497 USDT to around 0.1770, at a relatively low position.
🎯 Strategy suggestion
📥 Entry point
- Pay attention to stabilization signals around 0.175 USDT, buying at lows is a good opportunity currently.
- It is recommended to build positions in batches, as there is still a risk of pullback in the short term, be cautious with high-leverage contracts, large capital can enter the spot market, the current position is already in a good entry range.
🛑 Stop-loss suggestion
- Personally suggest for short-term contracts, if the price falls below 0.170 USDT, timely stop-loss to control risk and continue to observe.
🏆 Target position
1️⃣ Short-term: 0.200 USDT
2️⃣ Mid-term: 0.240 USDT
If tonight's US July retail sales month-on-month data is favorable, it may push for a wave of increase; otherwise, there is still a risk of pullback.
Short-term market pullbacks may continue, it is recommended to control positions, but despite short-term fluctuations, CFX still has a good upward trend in the future, and the downside space is limited in a bull market, already at a relatively low position, suitable for spot entry, cautious short-selling.
🌟 Background advantages
✅ As the only officially supported domestic public chain, policy dividends are significant.
✅ The recent Conflux 3.0 upgrade has been completed, accelerating ecological development.
✅ Partners include AnchorX, Dongxin Technology, etc., with rich landing scenarios.
✅ Scarcity and practical application coexist, long-term value potential is promising.
