Market Overview: Conflux/Tether (CFXUSDT) on 2025-12-19

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Dec 19, 2025 9:10 pm ET1min read
CFX
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Aime RobotAime Summary

- CFXUSDT rebounded from 0.0641 support to 0.0709 amid 24-hour volatility, closing at 0.0700 on 2025-12-19.

- Rising volume (62.9M units) and $4.4M turnover confirmed bullish breakout with 5-minute 3-wave structure.

- RSI overbought conditions (>70) and Bollinger Band expansion suggest potential short-term pullback risks.

- Key Fibonacci levels at 0.0674 (61.8%) and 0.0695 (38.2%) acted as dynamic support/resistance during consolidation.

Summary
• Price found support near 0.0641 and surged to 0.0709 amid volatile 24-hour swings.
• Rising volume and turnover confirmed the recent bullish breakout.
• RSI overbought conditions suggest possible near-term pullback risks.

At 12:00 ET-1 on 2025-12-18, Conflux/Tether (CFXUSDT) opened at 0.0706, reached a high of 0.0709, and a low of 0.0641 before closing at 0.0700 at 12:00 ET on 2025-12-19. Total volume across the 24-hour window was 62,899,403.0 units, with a notional turnover of $4,396,170.65.

Structure & Formations


The price tested a key support level near 0.0641 and bounced with a strong reversal pattern. A 5-minute bearish engulfing pattern appeared at 12:00 ET-1, followed by a bullish recovery with a potential 3-wave structure forming from 0.0641 to 0.0709.

Moving Averages and Momentum


Short-term moving averages (20/50) on the 5-minute chart crossed above the price at 03:30 ET, confirming a bullish bias. Daily MA 50 and 100 showed a narrowing gap as the price surged. RSI reached overbought territory above 70, hinting at possible exhaustion in the upward move.

Volatility and Bollinger Bands


Volatility expanded significantly during the 18:00–03:30 ET window, pushing prices to the upper Bollinger Bands. A contraction phase followed after 05:00 ET, suggesting a possible consolidation period ahead.

Volume and Turnover


Volume spiked during the early morning recovery phase, aligning with the price breakout from 0.0641. Turnover increased in tandem, confirming the strength of the rally. A divergence in volume during the 16:00–17:00 ET window suggests a potential pullback may be due.

Fibonacci Retracements


A key 61.8% retracement level at 0.0674 was tested multiple times before the price continued higher. The 38.2% retracement at 0.0695 also acted as a temporary resistance and pivot point during the late session rally.

The price appears to be consolidating near recent highs, but RSI overbought readings and high volume divergence may signal a short-term correction ahead. Investors should remain cautious of a potential pullback to the 0.0674–0.0680 range in the next 24 hours.