🔴 Short Liquidation Alert — $CFGUSDT
$CFGUSDT is up +1.96% at $0.1554, pushing shorts toward the $0.1585 resistance area. This zone is critical: a clean break could accelerate short covering, while rejection here might trigger a pullback to recent support.
Support: $0.1523–$0.1492
Resistance: $0.1585–$0.1632
Next Target: $0.1632, then $0.1709
Holding $0.1523 supports a bounce toward $0.1585–$0.1632. Conversely, a breakdown below $0.1492 would shift momentum bearish, with $0.1447 as the next level to watch. A reclaim of $0.1585 would indicate buyers are regaining control and could open the path to higher targets.
For now, momentum favours caution until the market confirms direction.
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