Here’s a detailed look at $CGPT /USDT, based on your provided data:
Price Action:
Current Price: $0.1372
24h Change: +21.63% — strong bullish momentum
24h High: $0.1385
24h Low: $0.1128
Volume & Liquidity:
24h Volume (CGPT): 59.85M
24h Volume (USDT): 7.56M
Recent Trade Volume: 109,723.1
MA(5): 202,823.2
MA(10): 134,394.4
Moving Averages:
MA(60): $0.1342 — current price is above this, confirming short-term strength
Nearby Support Levels: $0.1343, $0.1329, $0.1314 (according to order book depth)
Nearby Resistance: $0.1387 (recent peak)
Technical Insights:
Bullish Breakout: With a +21.63% gain, CGPT appears to have broken out from recent consolidation or resistance.
Volume Confirmation: Sharp price gains are backed by strong volume — a bullish sign that the move may be sustainable.
MA(60) Support: The price holding above $0.1342 (MA60) signals continued upward bias. If the price retests this area and bounces, it could be a solid re-entry zone.
Potential Resistance Zone: $0.1385–$0.14 — watch this closely. If volume continues and price breaks above, further upside could unfold.
Trade Setup Ideas:
Momentum Entry:
Entry: On break above $0.1385 with strong volume.
Target 1: $0.1450
Target 2: $0.15+
Stop-Loss: Below $0.1340 (under MA60)
Pullback Buy:
Entry: Near $0.1342–$0.1350 (MA60 zone)
Confirmation: Bullish candle or bounce with volume
Target: Revisit of highs at $0.1385+, or continuation trend
Scalp Setup (15m–1h timeframes):
Use RSI or MACD to watch for overbought pullbacks and re-entries.
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