$CFG / USDT — WHY I’M STILL SHORTING

The move to 0.2 already showed signs of exhaustion and caused instability, which is typical for Binance contract launches where price peaks early and shifts into distribution. Institutions that got in around $0.035 are still sitting on over 5x profits, giving them strong incentive to sell into any strength, especially after using the last wave of positive news to push price up. With that level of profit-taking pressure and weak follow-through, I’m staying short and expecting further downside as the market absorbs this supply.

Trade #CFGUSDT here

CFG
CFGUSDT
0.1414
-10.56%