$CFX Price Action Signals Next Move

CFX/USDC has seen big moves today. After hitting 0.2796, the price dropped sharply to 0.2094 and now trades near 0.2137. That’s a heavy pullback, but RSI (6) at 24.78 signals oversold conditions. Support is near 0.1823, while resistance stands at 0.2368. A strong defense of this zone could trigger a bounce toward 0.25, but if 0.21 breaks, more downside risk appears. Volume will be key for the next direction.

What do you think, community? Is this just a correction before a rebound, or are we heading lower? Share your thoughts below!