$CFG experienced a $3.84K LONG LIQUIDATION at $0.16011, highlighting weakening bullish momentum. The liquidation suggests excessive leverage has been flushed, leaving price vulnerable to additional downside unless buyers quickly reclaim resistance.
Momentum Outlook: Short-term Bearish.
Key Reaction Levels • Trigger: $0.16011 • Demand Zone: $0.1560 – $0.1530 • Major Support: $0.1500 • Supply Zone: $0.1645 – $0.1680 • Recovery Level: $0.1700
Trading Strategy Entry: Above $0.1645 with volume confirmation. Stop Loss: Below $0.1530
🎯 TP1: $0.1700 🎯 TP2: $0.1760 🎯 TP3: $0.1820
Patience is key until price confirms a stronger recovery.
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