Conflux (CFX) is currently trading at $0.1418, marking a -2.61% decline in the past 24 hours. The coin has seen a 24h high of $0.1463 and a 24h low of $0.1408, showing limited volatility but maintaining strong liquidity with a trading volume of 24.85M CFX (≈ $3.57M in USDT).
Key Technical Insights
Moving Averages (MA):
MA(7): $0.1421
MA(25): $0.1436
MA(99): $0.1434
CFX is currently trading slightly below its short-term and long-term averages, indicating bearish momentum in the near term.
Support & Resistance Levels:
Immediate support: $0.1408
Resistance zone: $0.146 – $0.147
Volume Trend:
Trading activity shows declining momentum compared to earlier sessions, suggesting that the market is consolidating after a recent dip.
Performance Overview
7 Days: -19.06%
30 Days: -24.25%
90 Days: +91.88%
180 Days: +77.03%
1 Year: -22.85%
Despite recent short-term losses, CFX has delivered impressive gains over the last 3 to 6 months, indicating that long-term holders are still in profit.
Investor Sentiment
The order book currently shows 54.04% buyers vs. 45.96% sellers, signaling slightly bullish sentiment among traders. If buyers defend the support near $0.1408, we could see a rebound toward the $0.146 resistance zone. However, a breakdown below support may trigger further downside.
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✅ Summary:
Conflux (CFX) is in a short-term corrective phase but maintains strong long-term growth potential. Traders should watch the $0.1408 support closely and look for confirmation before entering new positions.