$CGPT /USDT Chart analysis and trade

Current Price: $0.1483

Price Change: +16.52%

Chart Pattern & Key Observations:

Breakout Above Resistance: Price broke above the horizontal resistance at $0.1400, confirming a bullish breakout.

Support Levels:

$0.1273 – Recent strong support.

$0.1200 – Mid-level support from previous consolidation.

Resistance Levels:

Minor resistance at $0.1500–$0.1520 (psychological and historical zone).

Next key resistance near $0.1800 (long-term descending trendline).

Trade Setup:

Bullish Scenario:

Entry on a minor pullback to $0.1400–$0.1440 zone.

Target 1: $0.1600

Target 2: $0.1750–$0.1800

SL: Below $0.1273

Bearish Reversal Warning:

If price breaks below $0.1273, reassess long positions.

Conclusion

Momentum is strong, volume surge indicates accumulation. Price action confirms bullish sentiment. Eyes on a possible continuation rally towards $0.1600+ if momentum sustains.

Trade here on $CGPT