🚨qami-567 trade Alerts 🚨 🚨
$CGPT Facing massive selling Pressure, Key Levels to see:-
$CGPT has dropped to $0.1800, marking a 15.00% decline over the last 24 hours reflecting strong bearish sentiment in the market.
Critical Levels to Monitor
Resistance: $0.1800 -A recovery above this level may push the price to $0.2100 and $0.2200.
Support: $0.1800– If the price falls below this level, it could slide further toward $0.1750 or even $0.1700.
Trade Opportunities
Short Position (Sell): If CGPT falls below $0.1750, look for potential targets at $0.1850 and $0.1700. Set a stop-loss at $0.1800 for risk management.
Market Insight
The trading volume for CGPT is 36.53M, showing heightened activity, but selling pressure remains dominant. The RSI indicates oversold conditions, which could lead to a short-term bounce. However, MACD signals suggest the bearish trend is still intact.
Traders should be cautious and wait for clear breakouts or breakdowns before entering trades. The next few hours will be crucial in determining CGPT's direction.
