$TLM
A #CFG pode be showing an interesting structure on the daily chart.
What draws the most attention is the US$ 0,10 area.
The price tested this range several times on the daily candles, reaching approximately US$ 0,0978, but it failed to confirm a break below this level with a daily close.
On the contrary: after the tests, the CFG moved back above US$ 0,11 and is currently close to US$ 0,117.
📈 The MA7 is at US$ 0,1088 and the MA25 is at US$ 0,1136, while the price is already above both.
Now, the level that deserves attention is the US$ 0,117–0,12 region. A consistent breakout above this area could put on the radar the US$ 0,134–0,138 zones, where there is an important prior resistance.
And here’s the point that makes the chart interesting: the more times a support zone is tested and continues to be defended, the more attention the market tends to give it — but that doesn’t mean it’s indestructible.
🔥 US$ 0,10 is being a key region for the CFG.
If this recovery structure continues, the chart starts to look increasingly more interesting for those tracking the RWA and Centrifuge thesis.
This is not a promise of gains. It’s a technical structure that deserves to be followed.
A #CFG pode be showing an interesting structure on the daily chart.
What draws the most attention is the US$ 0,10 area.
The price tested this range several times on the daily candles, reaching approximately US$ 0,0978, but it failed to confirm a break below this level with a daily close.
On the contrary: after the tests, the CFG moved back above US$ 0,11 and is currently close to US$ 0,117.
📈 The MA7 is at US$ 0,1088 and the MA25 is at US$ 0,1136, while the price is already above both.
Now, the level that deserves attention is the US$ 0,117–0,12 region. A consistent breakout above this area could put on the radar the US$ 0,134–0,138 zones, where there is an important prior resistance.
And here’s the point that makes the chart interesting: the more times a support zone is tested and continues to be defended, the more attention the market tends to give it — but that doesn’t mean it’s indestructible.
🔥 US$ 0,10 is being a key region for the CFG.
If this recovery structure continues, the chart starts to look increasingly more interesting for those tracking the RWA and Centrifuge thesis.
This is not a promise of gains. It’s a technical structure that deserves to be followed.