$CFG — Big Pump, Sharp Drop... What's Next? 👀
$CFG just had a wild ride — pumped +26.52% to $0.2572 then dumped hard back to $0.2295.
That kind of move tells one story — liquidity grab. Price spiked, trapped late buyers at the top, then flushed straight back down. Classic market structure.
Now the real question: is this a healthy pullback before continuation... or the start of a deeper correction? 👀
MA60 sitting at $0.2356 is now acting as resistance. Price needs to reclaim that level cleanly to resume bullish momentum.
Bull case: Holds above $0.2200, reclaims MA60, eyes $0.2572 retest.
Bear case: Loses $0.2100 support — flush toward $0.1782 possible.
$CFG is a Real World Asset (RWA) token powering tokenized S&P 500, CLOs and institutional DeFi. Fundamentals are strong — but technicals need to confirm.#cfg #crypto #Binance #BinanceSquareFamily
