$CFG at $0.1353 is the line. If it can’t reclaim $0.14 fast, I think this rolls back to the lows. 📉
4h is already -2.3%, RSI sits at 42, and price is still under the 20d/50d MAs. That’s not strength. Funding at 0.005% says longs are still paying to be early while $BTC chops.
Volume is only 1.2x avg, so this isn’t some real bid yet. If $CFG loses $0.135, I’d expect sellers to keep pressing. If it takes $0.14, I’m wrong. Simple.
No hero trades. ⚡
Bull or bear on $CFG here?
#CFG
#Trading
4h is already -2.3%, RSI sits at 42, and price is still under the 20d/50d MAs. That’s not strength. Funding at 0.005% says longs are still paying to be early while $BTC chops.
Volume is only 1.2x avg, so this isn’t some real bid yet. If $CFG loses $0.135, I’d expect sellers to keep pressing. If it takes $0.14, I’m wrong. Simple.
No hero trades. ⚡
Bull or bear on $CFG here?
#CFG
#Trading