$CGPT /USDT TECHNICAL ANALYSIS: BULLISH MOMENTUM CONTINUES 📈🚀
🔑 Key Levels:
Support: 0.0651 USDT
Resistance: 0.0714 USDT
Current Price: 0.0703 USDT
💡 Trend Analysis:
The price of $CGPT /USDT has recently surged by +7.33%, indicating strong bullish momentum. The current price is approaching resistance at 0.0714 USDT. With a positive Parabolic SAR signal and EMA trends, the market looks poised for continued upward movement if it can break above resistance.
🎯 Trade Setup:
Entry (Long): 0.0705 USDT (Breakout above 0.0700 USDT)
Target (TP): 0.0730 USDT (Next key resistance)
Stop Loss (SL): 0.0680 USDT (Just below recent support)
💥 Risk Management:
Risk only 1-2% of your account balance per trade. Tighten stop losses for better protection and avoid overexposure during volatile conditions.
💬 Disclaimer: Always conduct your own research and manage risks responsibly!
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