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.🌴💰
Cgpt
Growth of at least ➕35% ChainGPT(CGPT)by Falling Wedge pattern🚀The ChainGPT was able to complete the falling wedge pattern near the support zone.
ChainGPT broke the upper line of the falling wedge pattern.
Also, we can see Regular Divergence(RD+) between two consecutive valleys.
I expect that CGPT will grow by at least ➕ 35% .🚀
ChainGPT Analyze ( CGPTUSDT ), 4-hour time frame ⏰.
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CGPT 1H Elliot waveCurrently retraced to under.18 on some exchanges earlier, a bit more to go before a break or full retrace to around .11-.12. Monthly token unlock a probable cause of a harsh correction before rise to .31 as well as a BTC correction before 30k. NFA I'm looking at the .17 and .12 for additional entry and exit at .42 if momentum keeps up
CGPT triple falling wedge triangleNew trend direction soon. Very bullish but could fall any minute, likely due to current red BTC day chart.
Could launch one last time to touch .30 to start. 80 cent to dollar target if .30 hits and holds.
Bullish overall because of proactive exchange listings ang real world planned events attended by team.