🧠 CGPT – When the market forgets, opportunities arise
The weekly frame is gradually showing a recovery signal, even though the market is still not paying much attention. But it is precisely in these “deep and silent” areas that the Fund begins to act.
📉 The shocking drop after the listing – The "Falling Knife" pattern has ended
After a strong pump upon listing, the price plummeted from around ~$0.5 to nearly $0.05, creating the classic "falling knife" pattern. Split 10
📊 Currently forming the pattern: "Rounded Bottom" – Accumulation round bottom
Small candles, long lower wicks → selling pressure is gradually diminishing, buyers are appearing.
🔎 Notable candlestick patterns
Doji candle + Bullish Engulfing near the bottom → reversal signal.
3 short-term bottoms around ~$0.08 form a small triple bottom → strong short-term support.
The most recent weekly candle is a light bullish candle, sitting above the accumulation price line → an initial recovery.
🎯 Resistance & Expectations
Near resistance: ~$0.13 – 0.15
Main breakout area: ~$0.21 (where former support has now become strong resistance)
If it surpasses ~$0.21, there is a possibility of entering the markup phase (price push) with short-term expectations heading back towards the 0.3x – 0.4x range, further with the product team and market of this token potentially reaching between $1.5 to $2.
🧩 Conclusion
CGPT is in the “calm before the storm,” with a clear rounded bottom pattern and positive accumulation reversal candles. If Bitcoin maintains its trend and AI capital returns, CGPT could definitely become a breakout name again.
This position should be held or SL at 0.07$ , and this is just my personal opinion, not investment advice.
Thanks!
