Yello, Paradisers! #CPOOL has enjoyed a solid bullish leg recently, but things are starting to look heavy. The price is currently moving inside a major triangle pattern, a typical structure that signals a potential corrective phase. While bulls still hold their ground, there are clear signs that sellers could take control if key support levels are broken.
💎The first major neckline support sits between $0.3800 and $0.3620, and this is where the real battle is happening right now. It’s a critical zone for #CPOOLUSDT, as bulls will need to defend it to avoid further downside pressure. If this level holds, we could see consolidation within the current range, giving bulls another chance to regain control.
💎However, if sellers manage to break through this support, it’s likely to trigger a corrective wave that could push the price toward the next lower support zone between $0.2995 and $0.2850. This region is particularly significant because it aligns with the triangle pattern target, making it a logical area for a reaction. Buyers stepping in aggressively here could lead to a sharp “slingshot” rebound.
đź’ŽOn the flip side, bulls face a strong descending resistance level at $0.4720, which also aligns with horizontal resistance. This zone will be a tough one to break, and until CPOOL clears it, any bullish moves will remain capped.
Paradisers, this setup is looking very promising—but don’t forget, discipline and patience are key in this market.
MyCryptoParadise
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CPOOLUSDT SPOT
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