🤖 $CGPT /USDT – Attempting a Reversal, but Mid-Resistance Holds! 🔄
CGPT is currently trading at $0.0863 (+2.86%), showing signs of recovery from the recent low of $0.0812.
However, it’s now facing resistance at the mid-Bollinger Band (MB: $0.0888) – a key area that needs a breakout for momentum continuation.
The AI sector remains strong, but short-term rejection risk remains unless volume confirms further upside.
📊 24H Range: $0.0829 – $0.0890
📈 Volume: 11.45M CGPT – decent activity
🎯 Trade Setup (Watch for Confirmation):
• Entry: $0.0855 – $0.0865
• TP1: $0.0890 – short-term top
• TP2: $0.0925 – structure break
• TP3: $0.0960 – upper Bollinger zone
• SL: $0.0825 – below recent low
💡 Strategy Tip: Wait for a 4H candle close above $0.0888 with rising volume to validate bullish continuation.
CGPT’s trend may be shifting – but confirmation is key! 🧠📊