π Paradisers, let's turn our attention to #CGPTUSDT as it exhibits a significant pattern in the market. Following a rejection from a supply zone, CGPT is now gathering momentum at a support level, setting up for another attempt to break through the supply zone at $0.158347.
π #ChainGPT has faced rejection three times at a substantial supply level. If it successfully maintains its momentum from the current support level of $0.111787, thereβs a good chance weβll see an upward move, potentially overcoming the major supply barrier above.
π However, in the ever-dynamic crypto market, being ready for various scenarios is crucial. If #CGPT finds it challenging to sustain its position above the $0.111787 support, we might need to shift our focus.
π This could involve preparing for a bullish recovery from a lower support level at $0.094125. Itβs critical to note that if CGPT dips below this secondary support level, it might indicate a shift towards a bearish trend.π΄π°