The breakout in **$CGPT ** from **$0.0932** to **$0.1109** (**+10.69%**) signals strong bullish momentum with $CGPT , with potential for further upside if key levels hold. Here’s a detailed analysis and actionable trade plan:
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### **Key Takeaways:**
1. **Breakout Confirmed**
- Price surged past **$0.1100**, a critical resistance-turned-support zone.
- Holding above **$0.1070–$0.1100** suggests institutional or whale accumulation.
2. **Buying Momentum Accelerating**
- Sustained trading near **$0.1098** indicates demand absorption of sell pressure.
- A clean break above **$0.1110** could trigger FOMO buying into **$0.1180+**.
3. **Volume & Liquidity Check**
- Higher-than-average volume supports the breakout’s validity.
- Low liquidity above **$0.1100** may fuel rapid pumps if shorts cover.
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### **Trade Setup & Levels:**
#### **Entry Zones:**
- **Aggressive:** Enter near **$0.1070–$0.1100** (pullback with volume confirmation).
- **Conservative:** Wait for a confirmed close above **$0.1110** (retest as support).
#### **Targets (TP):**
- **TP1:** **$0.1180** (5–8% profit, partial exit).
- **TP2:** **$0.1260** (next liquidity zone, +15% from entry).
#### **Stop-Loss (SL):**
- **Below $0.1040** (breakout invalidated if lost).
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### **Technical Indicators:**
- **RSI (4H):** If above **60**, confirms bullish momentum (overbought >70 may signal brief pullback).
- **MACD:** Bullish crossover on daily/weekly strengthens trend.
- **Order Book:** Watch for large bid clusters near **$0.1070** to gauge support.
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### **Scenarios:**
1. **Bullish Continuation:**
- Holds **$0.1100** → rally to **$0.1180–$0.1260**.
- Break above **$0.1260** opens path to **$0.1500** (next psychological level).
2. **Bearish Rejection:**
- Fails to hold **$0.1070** → retest **$0.1000** (key support).
- SL triggered below **$0.1040** → wait for deeper dip or reversal signal. $CGPT
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