🔴 $CFG /USDT SHORT — Supply Zone Rejection Setup
$CFG has finally entered the 0.13640–0.13700 supply zone, and this is where the next move could be decided. The short thesis remains valid only while this zone holds. If price breaks above the invalidation level, the setup is cancelled.
📌 Trade Plan
Entry: 0.13640 – 0.13700
TP1: 0.13490
TP2: 0.13360
TP3: 0.13180
SL: 0.13910
Leverage: 50x
📊 Why This Short?
The 4H structure is still unfavorable for buyers, while the 1D chart remains trapped around the 0.13640–0.13700 area. That makes this zone important for a potential rejection.
The 15M RSI is around 43, showing that momentum isn't deeply oversold yet, leaving room for another push lower if sellers maintain control.
Volume activity is also elevated, with roughly 4× the expected pace, suggesting strong participation around this level.
⚠️ Risk Management: 50x leverage carries extremely high liquidation risk. The SL at 0.13910 is the clear invalidation—if price breaks it, the short idea is no longer valid.
My call: If supply holds, CFG could move toward 0.13490 → 0.13360 → 0.13180. But if 0.13910 breaks, the setup is cancelled.
So what's your call? 👇
Clean rejection from supply, or a failed breakdown that traps the shorts?#CryptoFearGreedIndexHits74 #XRPRallies44%InAWeek #KoreaMemoryChipStocksReverseLate
$CFG has finally entered the 0.13640–0.13700 supply zone, and this is where the next move could be decided. The short thesis remains valid only while this zone holds. If price breaks above the invalidation level, the setup is cancelled.
📌 Trade Plan
Entry: 0.13640 – 0.13700
TP1: 0.13490
TP2: 0.13360
TP3: 0.13180
SL: 0.13910
Leverage: 50x
📊 Why This Short?
The 4H structure is still unfavorable for buyers, while the 1D chart remains trapped around the 0.13640–0.13700 area. That makes this zone important for a potential rejection.
The 15M RSI is around 43, showing that momentum isn't deeply oversold yet, leaving room for another push lower if sellers maintain control.
Volume activity is also elevated, with roughly 4× the expected pace, suggesting strong participation around this level.
⚠️ Risk Management: 50x leverage carries extremely high liquidation risk. The SL at 0.13910 is the clear invalidation—if price breaks it, the short idea is no longer valid.
My call: If supply holds, CFG could move toward 0.13490 → 0.13360 → 0.13180. But if 0.13910 breaks, the setup is cancelled.
So what's your call? 👇
Clean rejection from supply, or a failed breakdown that traps the shorts?#CryptoFearGreedIndexHits74 #XRPRallies44%InAWeek #KoreaMemoryChipStocksReverseLate
