Technical analysis by aaryamann_shrivastava_bic about Symbol CFX on 7/21/2025

CFXUSDT has seen a major rally, becoming one of the top-performing altcoins in recent days. Boosted by the recent Conflux Conference in Shanghai, CFX surged 113% in the last 24 hours. The altcoin is now trading at $0.22, drawing investor attention amid heightened momentum and renewed community optimism. Excitement continues to grow as CFXUSDT gears up for its 3.0 upgrade , scheduled for early August. This major milestone could act as a bullish catalyst. If CFX rebounds from the $0.17 support level, the altcoin may breach $0.24 and potentially rise toward the key psychological mark of $0.30 in the short term. However, risk remains if investors begin securing profits after the significant gains. A drop below the $0.17 support could drive CFXUSDT lower toward $0.11 . Such a move would reverse current bullish momentum, causing traders to reassess expectations as bearish sentiment overtakes the altcoin’s rally.