$CGPT

/USDT:

Technical Analysis

Current Price: $0.0986 (+13.86%)

Trend: Bullish (due to recent positive movement)

Support Level: $0.0858 (24h Low)

Resistance Level: $0.0988 (24h High)

Momentum: Strong upward momentum based on the +13.86% increase in the past 24 hours.

Trade Signal

Buy Signal: If the price breaks above $0.0993, it's a good entry point for a long position.

Stop Loss: Set at $0.0850 to limit potential losses if the market reverses.

Targets:

Target 1: $0.1010 (first resistance)

Target 2: $0.1030 (next resistance level)

Target 3: $0.1050 (psychological resistance)

Momentum

The price has gained a solid 13.86% in the last 24 hours, indicating bullish momentum. Watch for a potential pullback before continuing upwards. Ensure to enter near support for better risk/reward ratios.

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