#CryptoTrading.

📊Technical Analysis (1 hour) $CFX /USDT

1. Trend: The price shows a clear downward trend after the local maximum. The Bollinger Bands line (middle line) is also moving down, confirming the bearish trend.

2. Bollinger Bands (20, 2): The price has approached the lower limit (DN: 0.16832), which may indicate oversold conditions. However, the lack of a clear rebound does not yet signal a reversal.

3. MACD: The DIF (-0.00090) and DEA (-0.00134) lines are below the zero mark, and the MACD histogram (0.00044) is decreasing. This emphasizes the downward momentum, although the divergence does not yet indicate a quick reversal.

4. Stochastic RSI: Both lines (STOCHRSI: 66.13688, MASTOCHRSI: 68.66881) are in the neutral zone, but the proximity to the 80 level may signal potential overbought conditions in the near future if the trend changes.

5. Volume: There is a decrease in trading volumes (2.995 million) compared to the average values of MA(5) and MA(10), which may indicate a decrease in investor interest in the asset at the current stage.

⚠️Conclusion: Currently, a bearish trend with signs of oversold is dominant. It is recommended to monitor the support level near 0.16832 (lower Bollinger Band) and a possible rebound. For a more accurate forecast, it is worth waiting for confirmation of a reversal (for example, MACD crossing or rebound from the lower limit).