$CGPT USDT BEARISH MOVE CONTINUES – CAN SUPPORT HOLD OR WILL IT BREAK FURTHER?
🔻 Current Price: $0.0836
CGPTUSDT remains under strong selling pressure on the 1H timeframe, continuing its downtrend.
📉 Key Levels:
Resistance: $0.0887
Support: $0.0817
⚠️ Trade Setup (Short):
Entry: Below $0.0830 (confirmation on breakdown)
Take Profit (TP): $0.0822 / $0.0817
Stop Loss (SL): $0.0852
💡 Market Outlook:
CGPTUSDT is trading in a clear bearish structure with lower highs and lower lows. If the support at $0.0817 breaks, we could see accelerated downside momentum. Caution for longs until trend reversal confirmation.
🛡 Risk Management:
Use only 2-3% of your capital per trade with strict stop loss to manage unexpected market spikes.
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buy and trade here on $CGPT