2025/8/2 #cfx# $CFX Current trend assessment: short-term Rebound in the consolidation phase.

Core Indicator Analysis:
1. Price Action:
The latest closing price is 0.1895, down 30% from the previous high of 0.2715, but has slightly rebounded from the recent low of 0.1880.
Forming a "high volatility surge → deep correction → stabilization" pattern, which conforms to the characteristics of a fluctuating market.
2. EMA Indicator:
Fast Line EMA(12)=0.2045 breaks below Slow Line EMA(26)=0.2050, but the difference (-0.0005) narrows, indicating weakening bearish momentum.
The price is operating below the EMA moving average but has not made a new low, indicating downward resistance.
3. MACD Indicator:
The histogram narrowed from -0.0035 (08-01 16:00) to -0.0034. The DIFF and DEA lines are still negative, but the downward slope is slowing.
Signs of a bottom divergence: The MACD indicator did not sync with the new low when the price reached a new low.
4. Trading Volume:
During the crash period (07-29), there was an unprecedented trading volume (48 million - 72 million USDT)
Recently, the trading volume has shrunk to 3-6 million USDT, and the selling pressure has eased.
5. RSI Indicator:
It has slightly rebounded from the oversold zone at 41.6, but still remains below the midline of 50.
No strong reversal signal has formed, but it has exited the extreme oversold area.
6. StochRSI:
%K(14.3) and %D(3.3) are both below the 20 oversold line, but the %K line is starting to turn up.
The double lines show the embryonic form of a golden cross at a low position.
Key Support/Resistance Levels:
Support range: 0.1880-0.1900 (tested multiple times recently)
Resistance range: 0.2025 (previous rebound high), 0.2150 (50% Fibonacci retracement level)
Operation Suggestions:
In the short term, it may enter a fluctuation range of 0.188-0.202, need to observe:
1. If it breaks through 0.2025 with increasing volume, it may test the resistance at 0.215.
2. If it falls below 0.188 and the RSI drops below 40, it may test the support at 0.180.
Risk Warning:
The MACD is still below the zero line, and the overall trend has not yet turned bullish.
The continuous shrinkage of trading volume may extend the consolidation period.
We need to be wary of the possibility that the long-term cycle (daily) is still in a downward channel.
It is recommended that traders wait for clearer breakout signals or adopt a range trading strategy with strict stop-loss settings.