BOOM! $CGPT Longs Liquidated at $0.1300 – Blood on the Charts!
A brutal $5.97K long liquidation just hit the books at $0.1300, shaking out weak hands and setting the stage for the next big move. This isn’t just a dip – it’s an opportunity for those who can read the storm before the calm!
What’s Happening?
The smart money just wiped out over-leveraged longs – now we look for entries while the crowd panics.
Technical Analysis ($CGPT /USDT):
Buy Zone (Entry Range):
$0.1225 - $0.1280
– This is the demand zone where smart money may start accumulating again. If price holds above $0.1225, we could see a strong bounce.
Targets (TP Zones):
TP1: $0.1385 – Liquidity sweep zone
TP2: $0.1450 – Previous resistance & trendline touch
TP3: $0.1535 – Full reversal potential if momentum kicks in
Stop Loss:
$0.1189 – Clear invalidation if price breaks below this level with volume; it would suggest more downside and potential bear control.
Why This Setup Rocks:
Liquidations = Fuel for a bounce
Oversold RSI on 4H
Volume spike followed by decreasing sell pressure
Psychological support at $0.1200 range
Is Real – Are You In or Watching?
When the weak get liquidated, the bold take positions. $CGPT might just be gearing up for its next parabolic run. Eyes on the chart – don’t blink!