TRADE IDEA: $CFG
Market Condition
CFG is consolidating after a strong impulsive rally toward the $0.35 resistance region. Price action remains structurally bullish while buyers continue defending higher lows during the current cooldown phase.
Execution Area
$0.258 — $0.265
Profit Objectives
• TP1 → $0.278
• TP2 → $0.298
• TP3 → $0.325
Protection Level
• SL → $0.247
Analyst View
The market is showing healthy consolidation following the recent expansion move. Holding above the current support range could allow momentum to rebuild for another breakout attempt toward previous highs.
Position Bias: LONG
#CFG