#CGPT/USDT Long#CGPT
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 0.12600, which acts as strong support from which the price can rebound.
Entry price: 0.12760
First target: 0.13175
Second target: 0.13700
Third target: 0.14272
Cgptanalysis
Is the CGPT Retest a Setup-Are You Ready for It?Yello, Paradisers! Have you been watching CGPT closely? Because what we’re seeing now could be a textbook setup to liquidate early longs before a brutal downward move. This is the exact type of trap that punishes undisciplined traders and rewards those who wait.
💎After weeks of bullish momentum with clean higher highs and higher lows, #CGPTUSDT has now printed a clear change of character (CHoCH). The previous low was taken out, and now price has pulled back right into a high-probability resistance zone. This zone, between $0.115 and $0.118, aligns perfectly with a broken ascending trendline adding confluence that strengthens our bearish bias. Traders who aren't careful might interpret this retest as a sign of strength, but this could just be the market setting up its next liquidation wave.
💎Adding even more weight to this bearish thesis is the fact that #CGPT is currently trading below its 50 EMA on the 4H timeframe, showing clear weakness and confirming that the short-term momentum has already shifted in favor of sellers. This acts as dynamic resistance and makes it even harder for price to reclaim bullish control without a significant effort from buyers.
💎The structure is showing all signs of a classic trap. Price action is hesitant at resistance, and with momentum waning, a rejection from this level could spark a swift move down toward $0.09188, our first support zone. But that may not be the end of it. If selling accelerates, we are eyeing the $0.07133 area as a potential major demand zoneour strong support and where true smart money will likely accumulate. However, we must always remain tactical. If CGPTUSDT flips above $0.12526, this bearish scenario is invalidated and we would reassess for possible bullish continuation.
Discipline, patience, robust strategies, and trading tactics are the only ways you can make it long-term in this market.
MyCryptoParadise
iFeel the success🌴
#CGPT/USDT#CGPT
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.0650.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.0666
First target: 0.0680
Second target: 0.0714
Third target: 0.0740
#CGPT/USDT#CGPT
The price is moving within a descending channel on the 1-hour frame and is expected to continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 0.0985.
Entry price: 0.1000
First target: 0.1029
Second target: 0.1055
Third target: 0.1083
#CGPT (SPOT-1H) IN ( 0.2150- 0.2300)T.(0.4000) SL(0.2100)BINANCE:CGPTUSDT
( 1H time frame trade )
#CGPT / USDT
Entry( 0.2150- 0.2300)
SL 1H close below 0.2100
T1 0.2430
T2 0.2600
T3 0.2830
T4 0.3000
T5 0.3300
T6 0.3500
T7 0.4000
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Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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