$CGPT Bounce or Breakdownโ
$CGPT rebounds from support and eyes resistance at $0.088โ
Can bulls break out and reclaim $0.094โ
$CGPT is showing signs of recovery after rebounding from the $0.0813 low, now trading at $0.0881 (+5.62%) on the 4H chart.
Bulls are attempting to reclaim control, but eyes are on the key resistance near $0.0890 for confirmation of strength.
๐ Trade Setup (Short-Term Long):
Entry Zone: $0.0874 โ $0.0886
Take Profit 1: $0.0904
Take Profit 2: $0.0931
Take Profit 3: $0.0963
Stop Loss: $0.0844