$CFG Signal】Pullback to buy, 1H level charging up for launch


$CFG 4H level MACD fast and slow lines golden cross and diverging upward, bullish momentum still present. The 1H price pulls back near the middle band of the Bollinger Bands, EMA20 and EMA50 form a support around 0.2579, buy order depth imbalance reaches -24.19%, and the order book below shows clear intent to absorb. The current negative funding rate of -0.0029% reduces holding costs, and stable open interest indicates that the chips are not loosening.

Price retracement between 0.2509 and 0.2714 can directly enter, which is the bullish defense line.

Defense is set below 0.2260; a break below would break the structure.

The first target is 0.3008, which is the resistance area of the 4H upper Bollinger Band.

The second target is 0.3257, the extension space after breaking the previous high.

🛡️Trading management: - Execution strategy: Reduce half of the position after the price reaches 0.3008, and move the stop loss of the remaining position up to the entry price. If the price cannot stay above 0.2714 and falls back again, consider actively exiting.

Although the 1-hour MACD histogram turns negative, the signal line is flat, which is a normal correction during an upward process. The buy/sell ratio on the order book is 0.61, with slightly more active sell pressure, but depth data shows thicker orders below, indicating support from funds. Under this structure, a pullback is an opportunity, and a risk-reward ratio over 1:1 makes it worth a try.

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ybaser
· 10h ago
To The Moon 🌕
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