CPOOL Struggling to Hold—Will Bears Push It Even Lower?

Yello, Paradisers! #CPOOL has been struggling to gain bullish momentum, and the risk of further downside is increasing. Let’s break it down.

💎#CPOOLUSDT has been stuck in a descending channel since its highs back in December 2024, and so far, the bears remain in control. As long as bulls fail to break out of this structure, the price will continue trending downward.

💎Recently, CPOOL bounced off the descending support at $0.1750, and looks in a position to be pushing towards $0.2160 and potentially $0.2500. But don’t get too excited just yet—this move remains within the bearish structure, and sellers are likely to step in again.

💎If the bears regain momentum, expect a breakdown below support, accelerating towards $0.1540, with key support levels waiting at $0.1250 - $0.1130. This is where weekly support could kick in, potentially leading to a higher time-frame reversal.

💎For bulls to take full control, CPOOL needs to reclaim and hold above $0.2850 - $0.3050. If that happens, we could be looking at the beginning of a strong bullish trend, with new highs on the horizon.

Strive for consistency, not quick profits. The market rewards discipline and patience—trade smart, Paradisers!

MyCryptoParadise
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