Trading Opportunities
$CNPY Support at $0.2310 (EMA7) and $0.2278; resistance at $0.2456 and $0.2522.
Trading focus: Accumulate near $0.2310 if support holds; reduce positions or take profits near the supply zone between $0.2456 and $0.2522.
Technical Breakout and Levels
CNPY has broken out of its consolidation phase and is trading near $0.2436, with immediate support at the EMA cluster between $0.2310 and $0.2320.
Resistance is at $0.2456 (the recent high) and $0.2522 (the upper Bollinger Band); a close above these levels would confirm the continuation of the uptrend.
The 1-hour RSI is overbought (~80), suggesting a possible pullback to retest the $0.2310 level before further gains.
$CNPY Support at $0.2310 (EMA7) and $0.2278; resistance at $0.2456 and $0.2522.
Trading focus: Accumulate near $0.2310 if support holds; reduce positions or take profits near the supply zone between $0.2456 and $0.2522.
Technical Breakout and Levels
CNPY has broken out of its consolidation phase and is trading near $0.2436, with immediate support at the EMA cluster between $0.2310 and $0.2320.
Resistance is at $0.2456 (the recent high) and $0.2522 (the upper Bollinger Band); a close above these levels would confirm the continuation of the uptrend.
The 1-hour RSI is overbought (~80), suggesting a possible pullback to retest the $0.2310 level before further gains.