$CFG triggered a long liquidation near $0.159, showing that the market forced bullish traders out while pushing price into a lower liquidity area. Structure currently shows price trading under a key resistance band that previously acted as support, which confirms a shift in control toward sellers. Unless price reclaims this level quickly, the bias remains bearish continuation.
EP: $0.158 – $0.160
TP1: $0.152
TP2: $0.147
TP3: $0.141
SL: $0.164
Trend structure is bearish after support flipped into resistance.
Momentum is weak with sellers controlling rebounds and preventing higher highs.
Liquidity below recent lows increases the probability of price expanding downward toward the targets.
CFGUSDT
Perp
0.1599
+7.53%
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