$CP
It’s still falling. Just a week after listing, and the price is down to just a fraction.
On the board, $0.01564—down 11.78%. The high was 0.01836, the low 0.0154. On the day it listed, the price surged to 0.043. Now it’s at 0.0156, down more than 60%. Trading volume has shrunk to 720 million. The selling pressure isn’t over yet, and buy orders can’t catch the fall.
From the data level:
· In the past 7 days, it’s down 76%, almost every day making new lows.
· The super trend line hasn’t formed yet, so early listing indicators have limited reference value.
From a technical perspective, 0.0154 is today’s new low. It’s stepping down to lower levels every day. The range above 0.018–0.02 has become a resistance zone. This kind of chart movement is a classic “new coin lists at its peak”—after a first-day spike, it drifts lower in sustained bearish fashion, with barely any meaningful rebounds in between.
In terms of action:
If you still hold coins, don’t keep riding it out. A rebound is your chance to exit, no matter how much you’re down—you still need to admit it. If you’re thinking of bottom-fishing, don’t rush. Wait for a volume-backed stop to the decline. Reaching out to buy right now is basically catching a falling knife. If you have no position, just blacklist it directly—don’t waste time or ammo on a trend like this.
CP has demonstrated with real performance what “lists at its peak” means. People who entered at 0.043 now have less than half left. New coins aren’t unplayable, but with a downtrend all the way south like this, bottom-fishing is just making things hard for yourself. Wait until it stabilizes before considering anything.
It’s still falling. Just a week after listing, and the price is down to just a fraction.
On the board, $0.01564—down 11.78%. The high was 0.01836, the low 0.0154. On the day it listed, the price surged to 0.043. Now it’s at 0.0156, down more than 60%. Trading volume has shrunk to 720 million. The selling pressure isn’t over yet, and buy orders can’t catch the fall.
From the data level:
· In the past 7 days, it’s down 76%, almost every day making new lows.
· The super trend line hasn’t formed yet, so early listing indicators have limited reference value.
From a technical perspective, 0.0154 is today’s new low. It’s stepping down to lower levels every day. The range above 0.018–0.02 has become a resistance zone. This kind of chart movement is a classic “new coin lists at its peak”—after a first-day spike, it drifts lower in sustained bearish fashion, with barely any meaningful rebounds in between.
In terms of action:
If you still hold coins, don’t keep riding it out. A rebound is your chance to exit, no matter how much you’re down—you still need to admit it. If you’re thinking of bottom-fishing, don’t rush. Wait for a volume-backed stop to the decline. Reaching out to buy right now is basically catching a falling knife. If you have no position, just blacklist it directly—don’t waste time or ammo on a trend like this.
CP has demonstrated with real performance what “lists at its peak” means. People who entered at 0.043 now have less than half left. New coins aren’t unplayable, but with a downtrend all the way south like this, bottom-fishing is just making things hard for yourself. Wait until it stabilizes before considering anything.