CPOOL: A Major Breakout on the Horizon?Yello, Paradisers! Is #CPOOLUSDT about to break free from its key resistance? Let's dive into the action as the bulls line up for what could be a powerful move.
💎#CPOOL is repeatedly striking with force against the EMA-200 level, currently sitting around $0.133. While this is a challenging zone, surpassing it could send the price into a vertical ascent. However, there are a few hurdles between $0.133 and $0.155, which the bulls will need to clear before any major breakout occurs.
💎Despite multiple tests of the resistance, bulls show no sign of exhaustion. If they succeed in flipping the EMA-200 and breaking past the descending resistance at 0.155, price could see a major breakout, with upside targets of $0.175 to $0.185 in the short term. Meanwhile if the momentum remains strong, the price could push even higher toward $0.23 to $0.24.
💎On the downside, CPOOL has strong support between $0.105 and $0.100, which has been a solid support zone since February 2024. After retesting this level, the price has managed to hold firm, giving bulls a solid foundation to build from.
💎In addition, CPOOL’s Total Value Locked (TVL) has reached an all-time high, and historically, price action has followed TVL increases. Keep an eye out for a potential Golden Cross formation, which could further enhance the bullish momentum.
Play it smart, Paradisers. In this market, patience and discipline are key. Stay focused and ready to act on the best opportunities!
MyCryptoParadise
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Cpoolusd
Is CPOOL Headed for a Major Reversal?Yello, Paradisers! Are you keeping an eye on #CPOOLUSDT? It’s about to make a decisive move, and you’ll want to be ready.
💎#CPOOL is now testing a key resistance zone while forming a double top on the lower time frames. This area, once a strong support, has now flipped into a solid resistance.
💎Price is likely to see retracements down towards 0.1235, potentially extending to the 0.1175 to 0.1108 range. This is a significant support zone, reinforced by the 4-hour EMA-200. Sellers might encounter strong pushback here, leading to short-coverings and fresh buying interest. If this scenario plays out, a reversal could be in the cards, pushing prices higher. However, if sellers continue to dominate, price might see CPOOL bottoming out near the 0.105 to 0.101 levels.
💎For CPOOL to resume its uptrend, bulls will need to break through the 0.134 to 0.141 resistance levels. This won’t be easy and will require significant bullish momentum.
Trade smart, Paradisers! Stay focused, patient, and disciplined. This is the only way you will make it far in your crypto trading journey. Be a PRO!
MyCryptoParadise
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CPOOLUSDT Testing the key Support Level Right Now | What's Next?Yello, Paradisers! Did you notice #CPOOLUSDT’s breakout from the descending channel? Let's break it down to understand what can happen next:
💎#CPOOLUSDT has been navigating a descending channel and recently broke out to the upside. After the breakout, the price surged by almost 70%. The first profit-taking wave occurred a few days ago, and now the price is pulling back to retest the resistance-turned-support at the upper layer of the channel. This marks the second wave of profit-taking.
💎#ClearPool has a support level of around $0.132. This level has held multiple times before and we expect it to do so again.
💎However, if $0.132 support fails, we anticipate a bigger pullback for the #CPOOL to the next support level at $0.109. The chances of price increasing from here become much bigger.
💎The overall macro sentiment and Bitcoin’s price movement will significantly influence this prediction of $CPOOL, so make sure to keep an eye on the market. If the $0.109 support also fails to hold, the likelihood of a bearish continuation increases significantly.
Stay disciplined, stay patient, and always wait for the best trading opportunities. This is how you can become a winner.
MyCryptoParadise
iFeel the success🌴