🔍 CFX Analysis – Support Retest at $0.177 🔍
🌐 Conflux is stabilizing near $0.177, testing a key support zone after a steady decline. Traders are watching for signs of a bounce or deeper correction.
📈 Technical Analysis
- Trend: Bearish continuation
- Support: $0.1680 and $0.1550
- Resistance: $0.1850 and $0.1980
- Pattern: Descending wedge on 4H
- Volume: Low and fading
- RSI: Near 41, bearish zone
- Outlook: Bearish unless $0.1850 breaks
📰 Market Data & News
- Price: $0.177
- 24h Change: -1.8%
🔄 Scenario Breakdown
- Bullish Case: Break above $0.1850 targets $0.1980; SL below $0.1680
- Bearish Case: Breakdown below $0.1680 may drag price to $0.1550; SL above $0.1850
📊 Sentiment Meter
📉 Bearish Bias – Weak volume, sellers dominate
⚠️ Risk Level
🔴 High – Breakdown risk, low momentum
💬 CFX is hovering near support—will it reclaim strength or extend the slide?
📢 Reminder: This is educational content. No guarantees, no advice—just charts, data, and perspective.
CFX #BinanceSquare