$CGPT
/USDT BULLISH BREAKOUT SETUP WITH MOMENTUM BUILDING
The chart structure shows a clear upward push after forming a higher low, indicating strengthening buyer control. Price action is respecting a short-term ascending trendline while maintaining support above the recent consolidation zone. The 24h range suggests accumulation followed by expansion, often a precursor to continuation.
A breakout above the recent high zone confirms bullish intent, supported by increasing volume, which signals participation rather than a weak move. If momentum sustains, the pair is likely to continue forming higher highs.
Long Entry: On breakout and retest of the resistance turned support zone
Targets (TP): 0.02880 / 0.03020 / 0.03200
Stop Loss (SL): Below 0.02580
Risk Management:
Risk only 1–2% of total capital per trade, avoid over-leveraging, and trail stop loss as price approaches targets to secure profits.
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