$CFG has recently shown strong resistance near 0.160 – 0.164, failing to sustain higher levels. Sellers are stepping in, and the short-term structure indicates a potential retracement toward lower support zones. Traders can look for opportunities to ride the downside momentum.
Short Trade Setup: Short
Entry Zone: 0.1557 – 0.1565
Take Profit 1: 0.1515
Take Profit 2: 0.1490
Take Profit 3: 0.1450
Stop Loss (SL): 0.1600
CFGUSDT
Perp
0.1646
+6.81%