Market Overview for Conflux/Tether (CFXUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byShunan Liu
Sunday, Dec 28, 2025 9:11 pm ET1min read
CFX
--
Aime RobotAime Summary

- Conflux/Tether (CFXUSDT) traded between $0.00982 and $0.01035 on 2025-12-28 amid tight Bollinger Band consolidation.

- A bullish engulfing pattern near daily lows and overbought 5-minute RSI (72) signaled potential short-term reversal risks.

- 20-period MA crossing below 50-period MA on 5-minute chart indicated waning momentum despite daily MA structure favoring bulls.

- Key Fibonacci levels at $0.01012 (61.8%) and $0.01027 (38.2%) emerged as critical resistance targets for near-term traders.

Summary
• Price fluctuated between $0.00982 and $0.01035 amid a tight Bollinger Band range.
• 5-minute RSI signaled overbought conditions late in the session, hinting at potential reversal.
• Volume remained moderate with no significant divergence from price action.
• A bullish engulfing pattern formed near the daily low, suggesting short-term support.
• 20-period moving average on the 5-minute chart crossed below the 50-period, indicating cooling momentum.

Market Overview

Conflux/Tether (CFXUSDT) opened at $0.01013 on 2025-12-28 at 12:00 ET - 1, reaching a high of $0.01035 and a low of $0.00982 before closing at $0.01007 at 12:00 ET. Total 24-hour volume was approximately 1.1 billion CFX, with a notional turnover of $10.5 million.

Structure & Formations

Price action was defined by a tight range within the Bollinger Bands, with a notable bullish engulfing pattern forming near the daily low. This pattern suggests a short-term rebound may be in play. The upper resistance appears to be at $0.01035, while a key support level is now forming around $0.00990–$0.01000.

Moving Averages

On the 5-minute chart, the 20-period MA crossed below the 50-period MA, signaling a potential slowdown in upward momentum. The daily chart shows the 50-period MA above the 100- and 200-period MAs, suggesting a more constructive bias over a longer horizon.

Momentum Indicators

The 5-minute RSI hit overbought levels in the afternoon, peaking near 72, which could indicate a pullback is in the offing. The MACD line remained above the signal line, suggesting that while momentum is positive, it is beginning to wane.

Volatility and Volume

Volatility remained subdued throughout the 24-hour period, as evidenced by the tight Bollinger Band contraction. Volume was moderate, showing no extreme spikes or divergences from price, which implies the move remained in line with normal trading dynamics.

Fibonacci Retracements

Key retracement levels from the recent 5-minute swing suggest a 61.8% level at $0.01012 could offer initial resistance. On the daily chart, the 38.2% retracement at $0.01027 may see renewed interest if the bullish bias continues.

In the next 24 hours, a move above $0.01030 could see a test of the upper Bollinger Band and the 61.8% Fibonacci level, but traders should be cautious of potential profit-taking after the recent overbought RSI reading.