🚨$CGPT /USDT Shart trade signal 🚦 🛑
NEXT MOVE: BEARISH DOWNTREND CONTINUES?🚨
🔍 Technical Analysis:
CGPT/USDT is currently trading at $0.1133 (-2.24%), showing signs of bearish pressure. The price has struggled to break above resistance and is forming lower highs, indicating a possible further downside.
📉 Key Levels:
🔴 Resistance: $0.1175 (24H High)
🟢 Support: $0.1062 (24H Low)
📌 Trade Setup (Short Entry):
🔹 Entry: Below $0.1130
🎯 Targets (TPs):
✅ TP1: $0.1100
✅ TP2: $0.1075
✅ TP3: $0.1050
🛑 Stop Loss (SL): $0.1160
⚡ Recommended Leverage: 5-10x
📊 Market Outlook:
CGPT is experiencing a downtrend, with sellers dominating the market. If the price fails to reclaim resistance, further downside is likely. A break below $0.1100 could trigger stronger bearish momentum.
⚠ Risk Management:
🔹 Always use stop-loss to minimize risks.
🔹 Avoid overleveraging; trade with proper risk-reward ratio.
🔹 Monitor volume and price action for confirmations.
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