$CGPT / USDT – Bullish Momentum Building, Testing Recent Highs

$CGPT is currently trading at $0.1434, showing a positive trend and approaching its 24-hour high of $0.1447. The price action suggests increasing buying pressure and a potential breakout attempt.

Trade Setup (Watching for Breakout):

Potential Support Zone: $0.1400 - $0.1420

Key Resistance: $0.1445 - $0.1450

Bullish Scenario:

Entry (Long): Break above $0.1450 with significant volume

Target 1: $0.1470

Target 2: $0.1490+

Stop Loss (Long): Below $0.1390

Bearish Scenario:

Entry (Short): Rejection at $0.1450 with increasing selling volume, break below $0.1400

Target 1: $0.1380

Target 2: $0.1360

Stop Loss (Short): Above $0.1460

CGPT/USDT is showing promising bullish momentum. Keep a close eye on the $0.1445 - $0.1450 resistance zone. A strong break above this level could lead to further upside. Conversely, a rejection at this point could lead to a pullback. Monitor volume for confirmation of either scenario.

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