🧠 CFX/USDT Technical Analysis (Daily Chart) Current Price:
koinmilyoner
Updated at: 2 hours ago
{"content":"🧠 CFX/USDT Technical Analysis (Daily Chart)
Current Price: $0.1781
MA Overview:
MA7: $0.1911 (just lost short-term trend)
MA25: $0.1987
MA99: $0.1163 (long-term support, still trending up)
Price recently failed to hold above the MA7/25 crossover and is now pulling back after a strong mid-July breakout.
📉 Structure Overview:
Macro Pattern: Volatility spikes followed by deep retracements
Recent Action: Pump to ~$0.30 and correction to $0.17–0.18
Volume has cooled down — bulls must defend $0.17 or retracement may deepen.
🟢 Support Zones:
Primary Support: $0.1650–$0.1700
Critical level to hold — potential double bottom setup
Major Support: $0.1350
Base of prior breakout and bounce off MA99
🎯 Target Levels (If Bounce Holds):
Target 1 (T1): $0.2100
MA25 retest zone
✅ Take partial profits here
Target 2 (T2): $0.2600
Local top of the July pump
Target 3 (T3): $0.325–$0.350
Weekly level and historical range midpoint
⚡️ Summary:
CFX is in pullback mode after a powerful run. Bulls must defend $0.165–$0.170, or a retest of the MA99 (~$0.116) becomes likely. If reclaimed above $0.20, momentum could quickly return toward $0.26–$0.30 range.
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