$CFG Signal】1H pullback test support, watch for long above 0.2626


$CFG 1H sell-off gap is obvious, sparse buy orders around 0.2639, depth suggests selling pressure compared to 0.73. The 4H MACD bars have shortened for three consecutive periods, indicating weakening upward momentum. The current price has broken below the 1H EMA20, do not chase high for now, wait for a pullback to the 0.2500-0.2520 area with increased buy volume before entering.

🎯Direction: Long (buy on pullback)

⚡Entry/Order: 0.2500 - 0.2520 (recommended within the lower range of 0.2397-0.2626)

🛑Stop loss: 0.2262

🚀Target 1: 0.2667

🚀Target 2: 0.2802

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to 0.2500 to break even. If the price falls below 0.2500, exit immediately.

(Depth logic: Funding rate at 0.0034% remains stable, open interest has not surged, short-term pullback is normal profit-taking. The 4H Bollinger middle band at 0.2344 provides strong support, and the 0.2500 psychological level acts as a key support. Risk-reward ratio is about 3:1, worth betting on.)

Check real-time market 👇 $CFG
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