Weak Bounce Below Resistance on $CFG /USDT – Short Continuation Setup
Short – CFG/USDT
Entry: 0.1525 – 0.1540
SL: 0.1615
TP1: 0.1470
TP2: 0.1430
TP3: 0.1401
CFG is showing a clear shift from impulsive upside into a distribution phase, with consistent lower highs forming. The current bounce lacks strength and is stalling right below resistance, signaling seller control. As long as price remains capped under 0.1615, this setup favors continuation toward the downside liquidity zone.