📊 ChainGPT $CGPT Trade Setup (May 29, 2025)

💰 Current Price: $0.1339

⚡ Trend: Bullish breakout from downtrend – looks primed for a move if momentum holds.

🧠 Key Zones to Watch

✅ Entry Zone (Long Setup)

Aggressive Entry: $0.134 – $0.138 → Near MA60 and key horizontal support.

Conservative Entry (Retest Play): $0.129 – $0.132 → Strong bounce area from recent lows.

📉 Support Levels

S1: $0.1342 – MA60, recent bounce zone.

S2: $0.1296 – Last line of defense. Break below here? Re-evaluate.

📈 Resistance Levels

R1: $0.1515 – First major test.

R2: $0.158 – $0.170 – Break and hold = blue sky setup.

🎯 Targets (TP)

TP1: $0.155

TP2: $0.162

TP3: $0.170+ (if momentum kicks in)

🛡️ Stop-Loss

Below $0.129 (invalidates bullish structure)

🧭 Technical Snapshot

📍 Above 4EMA & 200EMA → bullish structure

📈 RSI ~68 → Momentum strong, not overbought

📊 Volume rising → breakout confirmed

🧠 Trader’s Note

CGPT broke a multi-month downtrend and is showing classic signs of accumulation. Volume + structure = potential move brewing. Respect your SL, scale in smart, and don’t chase pumps.