$CGPT USDT BEARISH REVERSAL – SELL SIGNAL ACTIVE 🔻
$CGPTUSDT spiked to $0.1042 but immediately faced strong rejection, forming a sharp red candle. This signals a bearish reversal as buying pressure weakens and sellers step in around the $0.10 resistance zone.
Trade Setup (Short):
Entry Zone: $0.0945 – $0.0960
Target 1 (TP1): $0.0900
Target 2 (TP2): $0.0860
Target 3 (TP3): $0.0820
Stop Loss (SL): $0.1005
Margin: 2–3% of wallet
Leverage: 10x
Key Levels:
Resistance: $0.1000 – $0.1040
Support: $0.0900 / $0.0820
Market Outlook:
The rejection near $0.10 confirms overextension, with risk of correction deeper toward $0.086 and $0.082 if selling pressure continues. Buyers need to reclaim $0.10 for bullish momentum to return.