$CGPT BEARISH REJECTION SIGNALS PULLBACK CONTINUATION
After a strong push upward, price has faced clear rejection near the upper resistance zone around 0.0310, indicating weakening bullish momentum. The failure to sustain above this level suggests that sellers are stepping in, turning the recent move into a potential pullback phase.
Currently trading around 0.0290, the price is hovering below resistance while gradually moving toward lower support zones. Immediate support is seen at 0.0268, followed by stronger demand areas at 0.0255 and 0.0240. As long as price remains below 0.0310, bearish pressure is likely to persist.
Trade Setup (Short):
Entry: 0.0285 – 0.0295
Stop Loss: 0.0310
Targets: 0.0268 / 0.0255 / 0.0240
Stay disciplined and trust your strategy. Consistency in execution and patience in the process are what separate successful traders from the rest. Keep learning, stay focused, and move forward with confidence.
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