$CGPT /USDT STRUGGLING AT RESISTANCE — RANGE PLAY OR BREAKOUT AHEAD?
$CGPT is hovering around $0.1475 after testing highs near $0.1548 earlier in the session. The 15-minute chart shows choppy movement with repeated rejections from the upper range, signaling uncertainty and potential consolidation.
Trade Setup (Range to Breakout Play):
Entry (Long on breakout): Above $0.1505
Take Profit (TP): $0.1550 / $0.1590
Stop Loss (SL): $0.1450
Market Outlook:
CGPT remains in a sideways range with visible lower highs and higher lows forming a squeeze. A confirmed breakout above $0.1505 may trigger bullish continuation, but caution is advised inside the chop zone.
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