$CIFR – First 20 SMA Test + Flag Breakout Setup

Cipher Mining (CIFR) is shaping up beautifully here — a flag breakout pattern forming right after a healthy pullback to the 20 SMA, something we haven’t seen during this entire run.

🔹 The Setup:

Pulled back from $22 → $15, finding strong support right at the 20 SMA.

Now back above the 9 EMA, showing buyers are stepping in early.

The chart has a tight flag pattern, ready to expand if crypto momentum holds.

🔹 Crypto Sector Context:

BTC and ETH both ripped over the weekend — classic sign of renewed risk appetite.

The entire crypto stock basket looks strong, and CIFR + IREN are the leaders.

This is the first real 20 SMA test of the move — often the best risk/reward entry point as dip buyers who missed the run jump in.

🔹 My Trade Plan:
1️⃣ Entry Zone: Watching for dips Monday or Tuesday to build a position near the 9 EMA.
2️⃣ If It Gaps Up: I’ll skip swing entries and just day trade it — avoid chasing strength.
3️⃣ Stop: Under the 20 SMA — clear line of invalidation.

Why I Like This Setup:

First 20 SMA retest = historically powerful spot in trending names.

Tight flag structure with crypto sector tailwinds.

Market psychology favors second-wave momentum plays like this one.

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