#PostToWinCGN $CGN is displaying promising momentum as market sentiment continues to improve, with traders closely monitoring its Relative Strength Index (RSI) to gauge near-term direction. Currently, the RSI stands around 62–65, signaling a moderately bullish phase where buying pressure is evident but not yet overextended. This positioning suggests that $CGN still has room to advance before entering overbought territory, which typically occurs when RSI crosses above 70.



In recent sessions, $CGN has maintained a pattern of higher lows, indicating that bulls remain in control. The RSI’s gradual ascent reflects growing confidence and sustained accumulation rather than speculative spikes, a healthy sign for long-term stability. However, if the RSI begins to hover above 70 for an extended period, traders should be cautious of potential short-term corrections as profit-taking could emerge.

From a technical standpoint, support lies near $0.018, a zone where previous dips attracted strong buying interest, while resistance is observed around $0.026, where selling pressure tends to reappear. A decisive breakout above this resistance, accompanied by an RSI move toward 70+, could confirm renewed bullish momentum.

Overall, $CGN’s RSI points to a balanced yet upward-biased trend, favoring gradual accumulation over aggressive entry. As long as RSI remains above 55 and price action holds above key support, $CGN retains its bullish structure and upside potential.$CGN
CGN12.4%
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