$CFG is at 0.2399 with -9.33% today.

Price dropped from 0.2707 high and is testing 0.2385 low on 15m.

Coinglass data shows short positions increasing during this dump.

Trade setup:

Short entry = 0.2399

Stop loss = 0.2457

Target 1= 0.2385

Target 2= 0.2300

$CFG is a DeFi token tagged as New on Binance with 5.73M USDT volume.

TradingView 15m shows lower highs after the breakdown from 0.2480. As long as 0.2457 holds as resistance, sellers stay in control.

CFG
CFGUSDT
0.2469
+3.87%