Finora AI Expectations - #CGPTUSDT #CGPT $CGPT 12h
- My main scenario is currently bearish, meaning downward. I expect the price to continue staying below 0.0943 and pull back first to 0.0823, and then to 0.0703.
- If a liquidity sweep occurs below 0.0943 followed by a quick reversal candle, a short-term long opportunity arises. Here, a pin bar, a strong reversal on a lower time frame, or an OTE-style structure should be expected for entry. Take profit levels could be 0.0999 and 0.1003 respectively.
- The best opportunity for shorting is between 0.0999 - 0.1003, where clear selling pressure and rejection conditions are required. For entry, a wick candle, high volume, or a lower high formation on a lower time frame should be expected. Take profit levels will be 0.0943 and 0.0823.
- I don't specify the stop-loss level clearly, as it would be more logical to place it at critical levels that would change the trend, like swing hig...
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