Current price: $0.0851 (▼6.38%) 24h range: $0.0847 - $0.0914
📊 Current Analysis:
CGPT has been struggling to maintain its levels, now down 6.38%. The chart shows sellers are becoming more aggressive near these price levels. Here are the key levels I'm watching:
🔺 Resistance Levels: 1. $0.086 - Immediate resistance that needs to break for continuation 2. $0.0868 - Stronger resistance that could cap larger moves
🔻 Support Levels: 1. $0.0842 - Initial support where buyers might step in 2. $0.0834 - Critical support that must hold for current structure
💡 Trading Considerations:
This might be a good time to review your positions. If you're holding long, consider your risk tolerance at these levels.
For those considering positions: • Potential entry zone: $0.0842-$0.086 • Stop considerations: Below $0.0834 for longs / above $0.0868 for shorts • Initial targets: $0.086 then $0.0868 if bullish / $0.0842 then $0.0834 if bearish
What's your take on CGPT's current setup? Are you: - Seeing opportunities here? - Waiting for more confirmation? - Have a different perspective on these levels?
Let me know in the comments - I always appreciate different viewpoints!
Remember: Markets can change quickly. Always manage your risk accordingly.
#Crypto #Trading #Binance #CGPT #Bearish #DYOR
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