$CFG Trade Plan:
๐ฏ Entry: 0.1265 โ 0.1288
๐ SL: 0.1339
โ TP1: 0.1212
โ TP2: 0.1174
โ TP3: 0.1126
Why this setup?
4H bias remains bearish as price continues to trend below key averages. Recent data shows CFG already dropped around 5โ6% with declining volume, signaling weak demand and increased selling pressure.
Price is struggling near resistance after a relief bounce, while low liquidity is amplifying downside moves โ a typical sign of continuation rather than reversal.
Debate:
Is this just a weak pullback before continuation to TP1 at 0.1212, or can buyers defend the 0.125 zone?
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They're calling this a dip buy, but momentum shows exhaustion for DEGO.
$DEGO /USDT - SHORT
$DEGO Trade Plan:
๐ฏ Entry: 0.3820 โ 0.3895
๐ SL: 0.4042
โ TP1: 0.3651
โ TP2: 0.3488
โ TP3: 0.3305
Why this setup?
4H structure is weakening after a volatile phase, suggesting distribution rather than accumulation. Despite previous spikes in momentum, such explosive moves often lead to sharp corrections as early buyers take profit.
Price is now reacting at a resistance zone with fading strength, indicating sellers are stepping in and momentum is cooling off.
#CoinMarketCap
Debate:
Is this the breakdown after a hype-driven move, or will DEGO hold range and trap shorts?
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