$CFG has shown an incredible rally today, pumping over +36%! However, looking at the 15m and 1h charts, it is currently hitting a major resistance zone and showing signs of exhaustion.

Technical Insights:

Resistance Zone: Rejection seen at the $0.2515 level.

Overbought RSI: The RSI is currently in the extreme overbought territory, suggesting a healthy correction/pullback is due.

Price Action: We are seeing lower highs starting to form on shorter timeframes.

📉 Trade Strategy:

Entry Range: $0.2475 - $0.2510

Take Profit 1: $0.2360

Take Profit 2: $0.2250

Take Profit 3: $0.2100

Stop Loss: $0.2625

⚠️ Risk Management: This is a high-volatility setup. Keep your leverage low (3x - 5x) and always use a Stop Loss to protect your capital.

#CFG #CryptoSignals #ShortAlerts #TechnicalAnalysis #BinanceSquare