$CFX /USDT: Bears Dominate After Correction
The price of CFX/USDT is at $0.1830, down 1.72% in 24 hours after reaching $0.1890 and experiencing a sharp correction.
Technical Analysis: Key support at $0.1800 (recent low), with immediate resistance at $0.1890 (daily high). A bullish rebound could target $0.1950, while a bearish break below $0.1800 suggests $0.1750. The bearish structure prevails with decreasing volume.
Conclusion: Bears control the short term, but a return to $0.1890 could revitalize the bulls. Watch the key levels.
