#TradeSetup $CFG : Can Bulls Defend $0.085? 🎯 #TakeProfit
$CFG is trading around $0.0921 after a sharp 10.5% daily decline. The 4H trend remains bearish, so my strategy is to wait for support confirmation rather than blindly buy the dip.
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Please note, If and Else Trade Setup provided here. Strictly follow entry instructions.
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🔴 SHORT SETUP
• Entry: $0.096–$0.098 after confirmed rejection
• Target 1: $0.087
• Target 2: $0.085
• Stop-loss: Above $0.102
✨Prioritize a confirmed rejection at $0.096–$0.098 for a potential short.
✨Consider a long only after $0.085–$0.087 holds and buyers regain control.
🟢 LONG SETUP
• Entry: $0.085–$0.087 after stabilization and bullish confirmation
• Target 1: $0.096
• Target 2: $0.098
• Invalidation: A decisive breakdown below $0.080
📊 MY TRADING TAKE
The reported long/short ratio of 0.46 suggests bearish positioning, but crowded shorts can fuel a squeeze if price rebounds strongly. A breakout above $0.098 would improve short-term momentum, while reclaiming $0.102 would provide stronger bullish evidence. Until then, rallies may face selling pressure.
💡Avoid chasing either direction. Set position size and stop-loss before entry.
💡Would you trade the support bounce or resistance rejection?
💡Follow @Kathals Info Bits for direct trading setups and market analysis.
#CoinVahini #CFG #CryptoTrading
$CFG is trading around $0.0921 after a sharp 10.5% daily decline. The 4H trend remains bearish, so my strategy is to wait for support confirmation rather than blindly buy the dip.
💡💡💡
Please note, If and Else Trade Setup provided here. Strictly follow entry instructions.
💡💡💡
🔴 SHORT SETUP
• Entry: $0.096–$0.098 after confirmed rejection
• Target 1: $0.087
• Target 2: $0.085
• Stop-loss: Above $0.102
✨Prioritize a confirmed rejection at $0.096–$0.098 for a potential short.
✨Consider a long only after $0.085–$0.087 holds and buyers regain control.
🟢 LONG SETUP
• Entry: $0.085–$0.087 after stabilization and bullish confirmation
• Target 1: $0.096
• Target 2: $0.098
• Invalidation: A decisive breakdown below $0.080
📊 MY TRADING TAKE
The reported long/short ratio of 0.46 suggests bearish positioning, but crowded shorts can fuel a squeeze if price rebounds strongly. A breakout above $0.098 would improve short-term momentum, while reclaiming $0.102 would provide stronger bullish evidence. Until then, rallies may face selling pressure.
💡Avoid chasing either direction. Set position size and stop-loss before entry.
💡Would you trade the support bounce or resistance rejection?
💡Follow @Kathals Info Bits for direct trading setups and market analysis.
#CoinVahini #CFG #CryptoTrading