CPOOLUSDT trade ideas
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We saw an impulsive demand zone created at the start of that move at $1.28 zone we then had liquidity built up at $1.32 zone, hoping for price to come and take out liquidity at the $1.32 zone and tap into the demand zone at $1.28 and approach a Tp of $1.92, $2.2 and then $2.64
CPOOLUSDT with new potential opportunityCPOOLUSDT has potential to go up to analytic target area. Trade will be bullish until it remain in upper trend line.
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CPOOL major pull back after recent highCPOOL/USDT making healthy pullbacks to acquire liquidity to push to a new high.
The first prior time we saw this same behavior CPOOl hit $1.19 followed by a sharp retracement to .84 cents followed by small consolation then a strong move to $1.31|
CPOOl failed to maintain $1.10 and $1 but the zone was held multiple times. We saw one more test of the $1 zone followed by a short shoot up to the $1.10 area followed by a retracement straight to .84 cents.
.84cents was the previous retracement zone of the last run up, showing demand is in that area with mass limit orders.
First prior target on the next run up is $1.10
Second prior target $1.20
third $1.30
last target with strong volume $1.42