๐จ $CFG REJECTS AT HEAVY RESISTANCE AS BUYING VOLUME RUNS DRY! ๐
Entry: 0.1150โ0.1160 ๐ด
Target: 0.1130 / 0.1100 / 0.1070 ๐ฏ
Stop Loss: 0.1185 โ ๏ธ
๐ $CFG sprinted into the 0.1180 resistance wall only to run straight into active distribution. Candle structures are turning distinctly heavy on lower timeframes as aggressive buyers run out of gas.
๐ As long as price remains capped below the key 0.1180 ceiling, seller control favors a multi-tier retracement into lower liquidity pools. ๐ก Tight risk placement above resistance keeps the downside potential sharply asymmetric. ๐ฌ Are you shorting this exhaustion wick or waiting for a deeper breakdown confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #CFG #ShortSetup #Crypto #Bearish #Trading
๐ ๐ฏ
Entry: 0.1150โ0.1160 ๐ด
Target: 0.1130 / 0.1100 / 0.1070 ๐ฏ
Stop Loss: 0.1185 โ ๏ธ
๐ $CFG sprinted into the 0.1180 resistance wall only to run straight into active distribution. Candle structures are turning distinctly heavy on lower timeframes as aggressive buyers run out of gas.
๐ As long as price remains capped below the key 0.1180 ceiling, seller control favors a multi-tier retracement into lower liquidity pools. ๐ก Tight risk placement above resistance keeps the downside potential sharply asymmetric. ๐ฌ Are you shorting this exhaustion wick or waiting for a deeper breakdown confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #CFG #ShortSetup #Crypto #Bearish #Trading
๐ ๐ฏ
