Conflux (CFXUSDT) Market Overview: 24-Hour Analysis as of 2025-08-16 12:00 ET

• Conflux (CFXUSDT) declined from 0.1777 to 0.1786 amid a volatile 24-hour session with mixed momentum.
• Key resistance at 0.1793 and support at 0.1769 were tested multiple times with no clear breakout.
• High volume consolidation near 0.1786–0.1789 suggests short-term equilibrium is being tested.
• RSI and MACD show no extreme overbought or oversold readings, indicating balanced market sentiment.
• Volatility widened during overnight hours, but failed to sustain a bullish or bearish bias.

Conflux (CFXUSDT) opened at 0.1773 on 2025-08-15 12:00 ET and traded as high as 0.1802 during the session, reaching a low of 0.1745 before closing at 0.1786 as of 2025-08-16 12:00 ET. Total trading volume amounted to 24,437,065.0 units, with a notional turnover of $4,273,827.15.

Structure & Formations

CFXUSDT has traded within a defined range of 0.1745–0.1802 over the past 24 hours, with key levels at 0.1769 (support), 0.1786 (pivot), and 0.1793 (resistance) repeatedly tested. A doji-like consolidation pattern developed in the 02:45–03:45 ET window, signaling indecision among traders. The 0.1786–0.1793 range appears to be a critical price corridor that could determine the next directional move.

Moving Averages

On the 15-minute chart, the 20-period MA sits at 0.1781 and the 50-period MA at 0.1779, with price currently above both. This suggests mild bullish momentum over the short term, though it lacks conviction. On the daily chart, CFXUSDT is above its 50-day MA of 0.1768 but below its 100-day MA of 0.1791 and 200-day MA of 0.1785, indicating a balanced market with no strong trend bias.

MACD & RSI

The 15-minute MACD line crossed above the signal line earlier in the session, suggesting a temporary bullish signal, but it has since flattened near zero, showing a return to equilibrium. The RSI has oscillated between 45 and 60, indicating a lack of overbought or oversold conditions. This suggests that momentum remains balanced, with no extreme positioning by traders.

Bollinger Bands

Price activity has remained within the 15-minute Bollinger Bands, with the most recent volatility spike occurring between 20:30 and 21:00 ET. The bands have since expanded slightly, reflecting increased market uncertainty. Price remains close to the upper band in the morning hours, but a breakout has yet to materialize, suggesting the market is still in a testing phase.

Volume & Turnover

Volume remained elevated during the overnight Asian and European sessions, peaking at over 1.4 million units in the 20:45–21:00 ET window. Turnover followed a similar pattern, with the highest notional activity observed in the 05:00–06:00 ET timeframe. Price and volume action are aligned, with no divergence noted between price and turnover, indicating that volume is confirming price levels rather than contradicting them.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent 15-minute swing from 0.1745 to 0.1802 shows that the current price of 0.1786 is at the 61.8% retracement level. This area is historically significant and may serve as a key resistance or support depending on the next candle’s action. On the daily chart, the 38.2% and 61.8% levels are near 0.1773 and 0.1769 respectively—both of which were tested and rejected in the session.

Looking ahead, CFXUSDT may continue to consolidate within the 0.1769–0.1793 range for the next 24 hours unless a breakout occurs with above-average volume. Traders should closely monitor the 0.1793 resistance level, as a successful break above this level could signal a resumption of the short-term bullish bias. However, risks remain due to the lack of a strong directional signal and the presence of range-bound behavior.