Yello, Paradisers! Are you keeping an eye on #CPOOLUSDT? It’s about to make a decisive move, and you’ll want to be ready.
💎#CPOOL is now testing a key resistance zone while forming a double top on the lower time frames. This area, once a strong support, has now flipped into a solid resistance.
💎Price is likely to see retracements down towards 0.1235, potentially extending to the 0.1175 to 0.1108 range. This is a significant support zone, reinforced by the 4-hour EMA-200. Sellers might encounter strong pushback here, leading to short-coverings and fresh buying interest. If this scenario plays out, a reversal could be in the cards, pushing prices higher. However, if sellers continue to dominate, price might see CPOOL bottoming out near the 0.105 to 0.101 levels.
💎For CPOOL to resume its uptrend, bulls will need to break through the 0.134 to 0.141 resistance levels. This won’t be easy and will require significant bullish momentum.
Trade smart, Paradisers! Stay focused, patient, and disciplined. This is the only way you will make it far in your crypto trading journey. Be a PRO!
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