$CGPT /USDT
Market Snapshot
Current Price: $0.1045 (+14.21% on the day)
24h Range:
High: $0.1069
Low: $0.0914
Volume:
CGPT: 49.62M
USDT: 4.96M
MA60: $0.1037 (price is above this, indicating a bullish trend)
Volume: 82.9K (stronger momentum compared to lower volumes)
Technical Insights
Strong Price Movement: The 14.21% increase shows significant bullish momentum in the short term.
Support Zone: $0.1030–$0.1035 (MA60 and recent low)
Resistance Zone: $0.1065–$0.1070 (near 24h high)
Volume Surge: The volume (82.9K) is increasing, supporting the uptrend.
Trade Setup Ideas
1. Continuation Play (Bullish)
Entry: Buy around $0.1040–$0.1045 (ideally on a slight pullback or consolidation near MA60)
Target: $0.1065–$0.1070 (near 24h high)
Stop: Below $0.1030 (MA60)
2. Breakout Play (Aggressive)
Entry: If price breaks $0.1070 with volume
Target: $0.1100–$0.1120
Stop: Below $0.1045 (keep it tight to limit losses)
3. Pullback Opportunity
Buy: If price pulls back to $0.1030–$0.1035 (support zone), but confirm that price holds
Target: $0.1060–$0.1070
Stop: $0.1020
Would you like any additional indicators, like RSI or MACD, to further refine the entry/exit points?
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