Today, we witnessed an explosive move in $CGPT as the price surged from $0.1147 to $0.1333 — delivering a powerful +16.2% intraday gain! Volume is steadily increasing, and the clean green candles suggest strong bullish momentum is taking control.
Technical View:
$CGPT has formed a classic breakout pattern that often signals a continuation of the bullish trend. The price has convincingly broken above a key resistance zone, and if it holds above $0.1300, the potential for another leg up becomes highly probable.
Long Trade Setup (Based on My Analysis):
Entry Zone: $0.1310 – $0.1330
Target 1 (TP1): $0.1390
Target 2 (TP2): $0.1465
Stop-Loss: Below $0.1260
This setup looks very promising, especially in the current market environment where altcoins are gaining traction and momentum is shifting bullishly. I'm closely watching price action around the $0.1300 level for follow-through confirmation before adding further exposure.
Final Thoughts:
Breakouts like this often lead to rapid moves, especially when supported by strong volume and positive market sentiment. $CGPT is showing all the signs of strength, and if current conditions hold, we may see further upside in
the coming sessions.