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2025/7/31 #CFX# $CFX Current trend assessment: short-term upward trend (but be wary of pullback risks)
Key Indicator Analysis:
1. Price and EMA:
The latest closing price of 0.2267 is higher than the fast line EMA(0.2116) and the slow line EMA(0.2041), indicating a bullish arrangement.
The fast EMA has crossed above the slow EMA and the gap is continuing to widen, confirming upward momentum.
2. MACD Indicator:
The bar chart has turned from negative to positive (latest value +0.000309), DIF ( 0.007452 ) crosses above DEA ( 0.007143 )
A typical golden cross pattern has appeared, but the absolute value is still relatively small, indicating that momentum is accumulating but has not yet entered a strong zone.
3. Volume Matching:
Recently, the two waves of increases (0.2618 and 0.2291) were accompanied by significant volume (72.45 million and 28.59 million USDT).
The latest pullback shows reduced volume, which is a characteristic of a healthy adjustment.
4. RSI Indicator:
Currently, 59.17 is in a neutral to strong area and has not yet entered the overbought zone (>>70).
Compared to the previous high of 82.12, some overheating pressure has been released.
5. StochRSI:
The K value ( is rebounding from the oversold zone at 28.58), but the D value ( remains low at 17.64).
There may be continued upward momentum in the short term.
Risk Signal:
On July 29, there was a dramatic rise and fall (0.2715→0.2210), indicating severe market volatility.
The current price is still below the previous high of 0.2618, and attention should be paid to the breakthrough situation at the resistance level of 0.2341.
The absolute value of the MACD histogram is relatively small. If the volume continues to decrease, it may turn into a consolidation.
Operation suggestion:
Short-term cautiously bullish, key observation:
1. If it breaks through 0.2341 with sustained volume, it may test the previous high of 0.2618.
2. If it falls below the support of 0.2194, it may retrace to the 0.2065 area.
3. Closely monitor whether the RSI quickly enters the overbought zone (>70) in conjunction with changes in volume.
It is currently more suitable to adopt a pullback buying strategy rather than chasing highs, and to strictly set stop-loss levels (such as below 0.219). The market still exhibits high volatility, and it is recommended to make comprehensive judgments in conjunction with larger time frame (daily) trends.