đ $CFX /USDT: Price Drop â Opportunity Ahead? âĄ
$CFX is currently trading at $0.1572 USDT, down -6.93% in the last 24 hours. With a 24-hour low of $0.1531 USDT and a high of $0.1692 USDT, $CFX has experienced significant volatility. However, the price seems to be finding support, and traders are watching for a potential recovery.
Key Levels to Watch:
$0.1576 USDT (MA25): Acting as immediate resistance. Breaking above this could trigger more upside.
$0.1622 USDT (MA99): A critical long-term resistance level. If breached, it could signal a stronger reversal.
$0.1531 USDT: The 24-hour low. A retest of this level could offer a buying opportunity for dip traders.
$0.1625 USDT: A nearby resistance level from recent highs. A breakout here could lead to momentum buying.
$0.1692 USDT: The 24-hour high, marking the next target for bulls if recovery continues.
As CFX continues to trade near key levels, now is the time to watch for potential breakouts or further retracement. Traders are on alert to see if this dip will lead to a reversal or continuation of the downtrend.
Whatâs your strategy for CFX? Buy the dip or wait for confirmation?
