Live Price & Market Stats (Binance)
Current Price: Approximately $0.1789 per $CFX
— down about 0.05% in the last 24 hours.
24h Trading Volume: Around $75–76 million, indicating solid liquidity.
Market Cap: Roughly $910–917 million, placing $CFX around #85 in crypto rankings.
Price Range (24h): Low near $0.1739, High around $0.1814.
Short-term Trend: Weak negative movement, with 7-day performance showing a drop of around –16% to –19%.
Technical & Community Insights (via Binance Square)
Binance Square posts show a mix of bullish setups and cautionary signs:
Bullish Patterns Observed:
Breakout setups suggesting potential upside:
“Entry Zone: $0.177 – $0.180 … targets up to $0.22”Technical updates showing higher lows and possible upward momentum:
“$CFX is trading at $0.1799 … breakout above $0.1820 could target $0.1855–$0.1880”
Reversal/Breakdown Warnings:
Some setups point to bearish scenarios if support fails:
“Entry: $0.176–$0.178 (if fails support), TP1: $0.170, TP2: $0.166”
Analysis noting a collapse after failure to hold $0.214 support:
“Sellers in control… bearish scenario intact unless recovery above $0.221 occurs.”
Final Thoughts
CFX is showing slight bearish signs with notable technical resistance in the $0.178–0.180 range. While there are bullish play setups targeting higher levels like $0.185–$0.188, strong downside risk remains if key support zones break.
If you’re trading or monitoring CFX right now, consider these approaches:
For cautious bulls: Look for confirmation above $0.182–$0.185 before entering long.
For bears or risk-averse holders: A drop below $0.177 could lead to deeper support testing.
Always use stop-loss orders, ideally just below support zones, to manage volatility.