Yello, Paradisers! Have you been paying attention to the quiet storm building in #CPOOL? Because if not, you might be missing one of the cleanest breakout setups we've seen in months, and it could leave the majority behind in confusion and regret.
đź’ŽAfter a major corrective leg to the downside, CPOOL has now been consolidating for over 113 days. This is not just sideways noise, this is clear evidence of absorption, where selling pressure is being slowly taken in by stronger hands. And when that happens, a trend reversal often follows.
💎CPOOL remains trapped inside its consolidation range for now, but signs of strength are emerging. Price is creeping up toward two key technical levels, the EMA-50, which hasn't been breached since January, and the descending resistance line that’s held firm since December 2024. Now, these two are converging, creating a tension point that could trigger a significant breakout if volume supports the move.
đź’Ž#CPOOLUSDT's first resistance levels stand at $0.125 and $0.135. A decisive breakout above this zone, backed by increased buying volume, could send price surging toward the $0.1800 to $0.1880 area. This range will likely see partial profit-taking, but more importantly, it marks a critical pivot, if CPOOL can close above it with strength, we officially shift from a neutral to a bullish ultra-high time frame (UHTF) stance.
đź’ŽShould this bullish momentum continue, and price cleanly breaks above $0.1880, CPOOL could see a strong rally toward the $0.2550 to $0.2700 range. This is where strong resistance resides, and it may be a very barrier.
đź’ŽOn the downside, support is currently well-established between $0.090 and $0.085. This zone has proven its strength and should act as a reliable base against any short-term pullbacks or retests.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
đź’ŽAfter a major corrective leg to the downside, CPOOL has now been consolidating for over 113 days. This is not just sideways noise, this is clear evidence of absorption, where selling pressure is being slowly taken in by stronger hands. And when that happens, a trend reversal often follows.
💎CPOOL remains trapped inside its consolidation range for now, but signs of strength are emerging. Price is creeping up toward two key technical levels, the EMA-50, which hasn't been breached since January, and the descending resistance line that’s held firm since December 2024. Now, these two are converging, creating a tension point that could trigger a significant breakout if volume supports the move.
đź’Ž#CPOOLUSDT's first resistance levels stand at $0.125 and $0.135. A decisive breakout above this zone, backed by increased buying volume, could send price surging toward the $0.1800 to $0.1880 area. This range will likely see partial profit-taking, but more importantly, it marks a critical pivot, if CPOOL can close above it with strength, we officially shift from a neutral to a bullish ultra-high time frame (UHTF) stance.
đź’ŽShould this bullish momentum continue, and price cleanly breaks above $0.1880, CPOOL could see a strong rally toward the $0.2550 to $0.2700 range. This is where strong resistance resides, and it may be a very barrier.
đź’ŽOn the downside, support is currently well-established between $0.090 and $0.085. This zone has proven its strength and should act as a reliable base against any short-term pullbacks or retests.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
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Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.