📉 $CGPT
/USDT Technical Analysis
💰 Current Price: $0.0894 (-Bearish Reversal Signs)
🔍 Sector: AI Tokens
⚠️ Market Outlook: Bearish Momentum
$CGPT has faced rejection at the $0.0930 resistance and is now showing signs of weakening bullish strength. Volume is high but price is consolidating with lower highs—indicating a potential short-term correction or reversal.
🔻 Trade Setup (Short Bias)
Entry Zone: $0.0890 – $0.0905 (near resistance)
Key Resistance: $0.0930 / $0.0975
Key Support Levels: $0.0854 / $0.0827 / $0.0805
🎯 Target Levels (Short Trade)
🎯 Target 1: $0.0855
🎯 Target 2: $0.0828
🎯 Target 3: $0.0795
🛡 Stop-Loss: $0.0935 (above resistance & recent high)
📌 Signal: Bearish
Breakdown below $0.0885 confirms weakness. Failing to reclaim $0.0930 may invite further downside. Traders should monitor for confirmation candles and weak bounces for short entries.
📊 24h Volume: 30.57M CGPT
🧠 High trading activity with decreasing price = bearish divergence warning.
📉 Trade with caution. Use proper risk management. Not financial advice.
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