CGPT/USDT Assessing Rebound Potential from Support Zone? 👀🚀
💎 Paradisers, let's turn our attention to #CGPTUSDT as it exhibits a significant pattern in the market. Following a rejection from a supply zone, CGPT is now gathering momentum at a support level, setting up for another attempt to break through the supply zone at $0.158347.
💎 #ChainGPT has faced rejection three times at a substantial supply level. If it successfully maintains its momentum from the current support level of $0.111787, there’s a good chance we’ll see an upward move, potentially overcoming the major supply barrier above.
💎 However, in the ever-dynamic crypto market, being ready for various scenarios is crucial. If #CGPT finds it challenging to sustain its position above the $0.111787 support, we might need to shift our focus.
💎 This could involve preparing for a bullish recovery from a lower support level at $0.094125. It’s critical to note that if CGPT dips below this secondary support level, it might indicate a shift towards a bearish trend.🌴💰
💎 #ChainGPT has faced rejection three times at a substantial supply level. If it successfully maintains its momentum from the current support level of $0.111787, there’s a good chance we’ll see an upward move, potentially overcoming the major supply barrier above.
💎 However, in the ever-dynamic crypto market, being ready for various scenarios is crucial. If #CGPT finds it challenging to sustain its position above the $0.111787 support, we might need to shift our focus.
💎 This could involve preparing for a bullish recovery from a lower support level at $0.094125. It’s critical to note that if CGPT dips below this secondary support level, it might indicate a shift towards a bearish trend.🌴💰
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