The price of #CFX is moving between strong resistance and support areas in the daily time frame.🚨🚨🚨
After reaching the resistance area of $0.5500-0.4850, the price reacted strongly to it and started to decrease (more than 70% ).
Bearish candles are still strong, so the power is still in the hands of the sellers.
If the price can break the dynamic resistance that has been reduced every time after reaching it, it can start to return to the resistance level, otherwise the price will move towards the important demand area of $0.1100-0.0950.
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