$CFX Current Price: 💲$0.0814 | 📈 +12.12% Daily | “Layer 1 / Layer 2 Gainer”
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📊 Critical Observations
1. 📈 Price & Trend
EMA Alignment:
EMA(7): $0.0789
EMA(25): $0.0826
EMA(99): $0.0914
Price is trading above EMA(7) but below EMA(25 & 99) → short-term recovery, but still mid-downtrend overall
24H Range: $0.0724 – $0.0840 → price rebounded from support
2. 📉 Momentum Indicators
MACD:
DIF: -0.0024 < DEA: -0.0017 → bearish momentum but flattening
Histogram: -0.0007 → momentum weakness reducing
RSI(6): 54.08 → neutral zone, slight bullish tilt
Volume:
24H Vol (CFX): 110.45M
Above average → buyer interest returning
3. 📍 Key Levels
Resistance:
$0.0840 (24H high)
$0.0914 (EMA99)
$0.1010–$0.1076 (swing highs)
Support:
$0.0785 (short-term)
$0.0724 (24H low)
$0.0689 (recent base)
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📅 Today’s Price Prediction
Bullish Scenario:
Holding above $0.0785 → breakout $0.0840 → target $0.0875–$0.0910
Bearish Scenario:
Rejection below $0.0826 → drop toward $0.0785 → $0.0724
Likely Range: $0.078 – $0.086
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📈 Trade Strategy
✅ 1. Long Entry (Buy Setup)
Entry Zones:
Pullback to $0.0785–$0.0795 with confirmation bounce
Breakout above $0.0840 with volume >70M
Targets:
🎯 $0.0875
🎯 $0.0910 (EMA99)
Stop Loss: Below $0.0770
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❌ 2. Short Entry (Sell Setup)
Entry Zones:
Rejection from $0.0840 + RSI <50
Breakdown of $0.0780 with red volume surge
Targets:
🎯 $0.0750
🎯 $0.0724
Stop Loss: Above $0.0850
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⚠️ Risk Factors
Still below EMA(25) & EMA(99) → overall downtrend not reversed
MACD still bearish → wait for confirmation of trend change
RSI near midline → any shift in volume can sway direction quickly
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🛡️ Risk Management
Capital Allocation: ≤3% (volatile mid-cap)
Leverage: Spot preferred, or ≤3x for short-term futures
Trade Timeframe: Focus on 1D + 4H confirmation
Use trailing stop if breakout holds above $0.091
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✅ Conclusion & Action Plan
Watch $0.0840 breakout → could trigger rally to $0.091
Long entries only with strong confirmation
Short setups valid if rejection or breakdown occurs
📉 Still a cautious setup until above EMA(25) and MACD flips bullish
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⚠️ This is not financial advice. Manage risk with discipline.
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