$CFG Current Price: $0.2642, up over 12% in the last 24 hours.
Immediate Resistance: The chart shows a recent wick up to $0.2809. This is the key level to watch. A clean break and hold above $0.28 could trigger a rally toward the $0.30–$0.32 range.
Support Zones: If the price retraces, initial support sits at $0.24. Stronger structural support is established around the $0.21–$0.22 area, which acted as a floor during the mid-April dip.
Momentum: The 4-hour candles show strong buying pressure (green candles with high volume). The price is currently trading well above its major EMAs (Exponential Moving Averages), confirming a short-term "Strong Buy" sentiment.
Market Context & Drivers
The recent surge appears to be fueled by a mix of protocol upgrades and broader sector tailwinds:#KelpDAOFacesAttack #RheaFinanceReleasesAttackInvestigation #AltcoinRecoverySignals?
