$CGPT Signal】1H retracement test moving average, negative fee rate supports rebound


$CGPT 1H consecutive bearish candles retesting the EMA20 area, 4H Bollinger middle band at 0.0371 forms strong support. Funding rate -0.0172% remains negative, indicating low willingness for short covering. The order book shows slightly stronger sell pressure but buy orders are densely clustered around 0.037. Waiting for a sign of a trend reversal.

🎯Direction: Long

⚡Entry/Order: Place orders in the 0.0370-0.0375 range

🛑Stop loss: 0.03393

🚀Target 1: 0.04066

🚀Target 2: 0.04290

🛡️Trade management: Reduce 50% of position upon reaching Target 1, move stop loss up to entry price. Exit decisively if the stop loss is broken.

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CGPT17.14%
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