$CGPT — Rejection at Resistance ⚠️
🔴 SHORT
Timeframe: 1H
Entry Zone:
$0.0269 – $0.0274 (short on a clear rejection or failure to hold above this band)
🎯 TP1: $0.0260
🎯 TP2: $0.0252
🎯 TP3: $0.0243
🛑 SL: $0.0282
Why this setup?
Price showed a clean rejection at nearby resistance with waning upside momentum — structure points to sellers defending the zone. A confirmed turn here would likely open a corrective slide toward the profit levels.
Debate:
Will sellers push price down through support, or will buyers reclaim the band and negate the setup? 👀
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CGPTUSDT
Perp
0.02626
-4.16%
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2.284
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