$CGPT (4H) – SHORT


Bias: Bearish

Entry Zone: 0.0403 – 0.0410

Targets:
TP1: 0.0390
TP2: 0.0378
TP3: 0.0362

Stop Loss: 0.0424

Why this Setup:
$CGPT looks overheated after the recent push and is starting to slow down near local resistance. Price swept liquidity above previous highs but failed to hold momentum, which usually signals short-term exhaustion.

I’m expecting a pullback toward the breakout/retest area as buyers begin taking profits and late longs get trapped. The setup has a clean risk-to-reward structure with downside targets sitting around key support zones.

Invalidation comes if bulls reclaim strength and push price above the latest swing high with strong volume.

#GateSquareMayTradingShare
CGPT-8.56%
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