Can $CFX stabilize after today's 13.82% slide?
Volume has dried up, clocking in at just 0.43x the recent average. This suggests selling pressure is exhausting rather than accelerating at the current $0.06019 level.
Watch for a potential recovery if the price reclaims the $0.07087 high. Conversely, a sustained break below the $0.05865 range low indicates further bearish momentum.
Does the drop in hourly volume signal a genuine base forming, or is this merely a pause before a deeper test of the $0.05865 floor?
Tap $CFX for the live chart. #CFX #BinanceSquare
Volume has dried up, clocking in at just 0.43x the recent average. This suggests selling pressure is exhausting rather than accelerating at the current $0.06019 level.
Watch for a potential recovery if the price reclaims the $0.07087 high. Conversely, a sustained break below the $0.05865 range low indicates further bearish momentum.
Does the drop in hourly volume signal a genuine base forming, or is this merely a pause before a deeper test of the $0.05865 floor?
Tap $CFX for the live chart. #CFX #BinanceSquare