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🚀 Technical Analysis of CGPT/USDT: Targeting Key Levels 🎯

The CGPT/USDT pair has shown interesting price action in the last 24 hours. Here's a breakdown of key levels to watch:

📊 Current Price: 0.3788 USDT
24h High: 0.4379 USDT
24h Low: 0.3650 USDT

Key Support & Resistance Levels:

1. Target 1: Resistance at 0.4400 USDT
The first key resistance lies around the 0.4400 level. If CGPT/USDT breaks above this, we could see a continuation toward higher levels. Watch for a potential breakout pattern forming.

2. Target 2: Support at 0.3650 USDT
If the price retraces lower, the 0.3650 support zone could act as a strong base for price action to bounce back. This level has already shown itself as a low point within the last 24 hours.

3. Target 3: Mid-Level at 0.4000 USDT
This intermediate price point serves as a pivot. A steady close above 0.4000 could confirm further bullish momentum towards the upper resistance at 0.4400. Conversely, falling below this level might signal weakness.

Volume Analysis:

The trading volume has remained significant over the last 24 hours, with 208.12M CGPT changing hands, and 82.39M USDT traded. This indicates that the market is active, and any breakout or breakdown could be accompanied by high momentum.

Conclusion:

As CGPT/USDT consolidates near 0.3788, keep an eye on the mentioned targets for potential trades. Monitor for breakout signals above 0.4400 or a bounce from 0.3650 for the best opportunities.

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