$CFX (Conflux)

CFXUSDT
Prep
0.07069
-2.32%
๐ฐ Current Price: $0.1096
๐ Change: -7.20%
๐ Short Note:
Conflux is a high-performance blockchain designed for cross-border applications. Its price is declining, showing potential for a support level test.
๐ด Bearish Signal: Weak momentum, avoid buying now.
๐ก Neutral Signal: Watch for $0.105 as a strong support level.
๐ข Bullish Signal: If it rebounds above $0.115, expect recovery.
๐ก Pro Tip: Monitor volume; if it picks up near support, a short-term bounce is possible.
๐ Strategy:
Short-term: Scalp trade between $0.105 โ $0.115.
Long-term: Wait for a breakout above $0.12 for bullish confirmation.