CGPT/USDT +15% Rally — Breakout or Pullback Ahead?
Current Price: $0.1134
24H High: $0.1196 | 24H Low: $0.0932
CGPT/USDT has climbed over 15% in the last 24 hours, pushing into a key resistance area. The Parabolic SAR indicator shows the bullish trend is still active on the 30-minute chart, but momentum is beginning to slow near the highs.
Long Trading Signal
Entry: Above $0.1155
Target 1: $0.1195
Target 2: $0.1230
Stop-loss: $0.1100
Analysis: A breakout above $0.1155 with strong volume could signal a continuation towards the recent highs and possibly new levels.
Short Trading Signal
Entry: Below $0.1100
Target 1: $0.1040
Target 2: $0.0980
Stop-loss: $0.1155
Analysis: If CGPT/USDT breaks below $0.1100, a short-term correction is likely as buyers could take profits after the recent rally.
Market Outlook
CGPT/USDT remains bullish in structure, but buyers need to push above $0.1155 to continue the uptrend. A failure to break higher could lead to a pullback toward the $0.1040 support zone.
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