Explici_Gains

CPOOL major pull back after recent high

Long
KUCOIN:CPOOLUSDT   Clearpool / Tether
CPOOL/USDT making healthy pullbacks to acquire liquidity to push to a new high.

The first prior time we saw this same behavior CPOOl hit $1.19 followed by a sharp retracement to .84 cents followed by small consolation then a strong move to $1.31|

CPOOl failed to maintain $1.10 and $1 but the zone was held multiple times. We saw one more test of the $1 zone followed by a short shoot up to the $1.10 area followed by a retracement straight to .84 cents.

.84cents was the previous retracement zone of the last run up, showing demand is in that area with mass limit orders.

First prior target on the next run up is $1.10
Second prior target $1.20
third $1.30
last target with strong volume $1.42


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