$CFX
๐จ CFXUSDT Quick Technical Breakdown (15m Chart) ๐จ
Current Price: $0.17937 (+3.75%)
Pair: CFX/USDT Perpetual
๐ Short-Term Trend Weakness Emerging ๐
๐น 15m Chart Analysis โ Intraday Trend
๐ป Price recently peaked at $0.20098 before a sharp decline, now struggling below key moving averages.
โ Bearish crossover in play: MA(7) < MA(25) โ MA(99) โ signals downward pressure.
๐ Volume declining, indicating reduced bullish momentum.
โ ๏ธ Support Zone: $0.176 - $0.178
๐ผ Resistance: $0.183 - $0.186
๐น Short-Term Bias: Bearish
Unless price reclaims above $0.183 (MA cluster) with strong volume, bears hold control.
๐ฏ Trade Strategy Summary ๐ฏ
๐ข Long Setup:
Aggressive: Bounce near $0.176
Conservative: Only on breakout above $0.183
๐ด Short Setup:
Below $0.178 with confirmation
Targets: $0.174 โ $0.170
๐ Stop-Loss:
Longs: Below $0.176
Shorts: Above $0.1835
๐ฏ Target Zones:
TP1: $0.183
TP2: $0.186
TP3: $0.190
๐ Volume Profile:
Today: -3.85%
7 Days: -7.90%
30 Days: -22.05%
Short-term momentum weak; mid-term still positive overall.
๐ก Conclusion:
Watch $0.176 - $0.178 for potential bounce. Bearish momentum dominates unless bulls reclaim $0.183 with heavy volume.
