2025/8/1 #CFX# $CFX market analysis: currently in a consolidation phase.

1. Price Trend Analysis
Latest price 0.2139, down about 23% from the previous high of 0.2777, but up 11.6% from the recent low of 0.1916.
Formation of a "high surge and pullback" pattern: After a significant increase in volume on July 29 (with a daily maximum increase of over 30%), there has been a continuous pullback.
2. Key Indicator Signals
MACD Indicator (Trend Momentum):
The histogram ( macd_histogram ) has been negative for 13 consecutive periods (-0.001057)
DIF(0.004893) and DEA(0.005950) formed a death cross and continued to decline, but the difference is narrowing.
The decline momentum is weakening.
EMA Moving Average System:
The fast line ( is still above the slow line ) at 0.212026 and 0.207134 respectively, but the gap between the two continues to narrow.
The price is oscillating between the EMA double lines, without forming a clear directional breakout.
RSI Indicator (14 Period):
Currently, 53.3 is in the neutral range (previous value 60.68 → 53.3)
Healthy pullback from the overbought area (July 29, 83.57), not entering the oversold zone.
StochRSI Indicator:
%K(38.8) and %D(28.2) form a golden cross in the mid-low range.
Significant rebound from extreme oversold levels (0.18 on July 30), indicating short-term rebound momentum.
3. Trading Volume Characteristics
On July 29, there was a surge with a massive volume of 72.45 million USDT (10 times the daily volume +).
The current trading volume has returned to normal levels (4 million USDT).
The decline process did not show panic selling volume.
4. Comprehensive Trend Judgment: Consolidation Phase
Short-term: Experiencing a technical correction after a surge, but the overall upward structure remains intact.
Key support: 0.206-0.208 range (recently tested multiple times without breaking)
Key resistance: 0.218-0.231 (supply zone formed by previous highs)
Need to pay attention to the MACD histogram turning positive and the direction choice of the EMA moving averages diverging again.
Operation Suggestions:
1. If the volume breaks through 0.218, it may restart the upward trend.
2. If it breaks below the support at 0.206, it may test the 0.195-0.200 area.
3. The current neutral position of the RSI is suitable for observation, waiting for clearer signals.