$CFG – Bounce pushing into resistance, starting to stall here

Trading Plan Short $CFG ( max 10x )

Entry: 0.168 – 0.178

SL: 0.185

TP: 0.158

TP: 0.145

TP: 0.130

The bounce managed to extend higher but the move is beginning to lose strength around this zone. Buyers tried to keep pushing, though the follow-through is fading and the structure is turning more choppy. Instead of continuation higher, price is starting to grind into resistance, and when momentum cools off like this it often leads to a pullback as sellers step back in.

Trade $CFG

CFG
CFGUSDT
0.1697
+4.36%