【
$CFX Signal】Hold off on opening positions, wait for key support confirmation
$CFX In the daily downtrend, the price is consolidating with decreasing volume near the previous low, trying to find support.
🎯 Direction: Hold off
Market analysis: The price has broken below all key EMAs (EMA20: 0.0461, EMA50: 0.0493), indicating a clear downward channel. On the 4H timeframe, the price has tested the 0.044 area multiple times but with weak rebounds, and the highs are gradually declining.
Hardcore logic: Currently, open interest remains stable, funding rates are slightly positive, and there are no