Everyone is chasing $CGPT 's upward trend, but the daily chart tells a different story.

We just surged to 0.03000, then faced a strong rejection.
Now the price is holding at 0.02689, and you can see sellers heavily intervening at those local highs.
Since the bottom at 0.01754, it has been performing well, but we are starting to look a bit overextended.
The key is whether we can use 0.02514 as support.
If this level collapses, we are likely to retrace to 0.02240, filling that gap.
Conversely, if we consolidate here with high trading volume, we might attempt to break through 0.030 again.
I personally am waiting for more cooling off before considering entering.
Buying at the top of a parabolic rise is why most people get trapped for months.
Are you taking profits here or betting on a breakout?
Stay safe.