CPOOL: A Major Breakout on the Horizon?

MyCryptoParadise_Jack의
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!

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