CGN has been slowly grinding upward, holding above the key moving averages. Price touched the upper band again, showing buyers are still active even after small pullbacks.
Short-Term View: Momentum is still positive. If the current support around 0.00212 holds, CGN may try another push toward the recent high area.
Mid-Term View: RSI is staying in the higher zone but not overheated. MACD is steady and showing improving strength. As long as the trend stays above the short EMAs, the move can continue step by step.
Future Outlook (My Opinion Only): CGN is respecting the trend nicely. If volume stays healthy, it can slowly climb. If support breaks, expect a retest of lower levels before any new move.
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$CGN CGN Market Update (1H Chart View)
CGN has been slowly grinding upward, holding above the key moving averages. Price touched the upper band again, showing buyers are still active even after small pullbacks.
Short-Term View:
Momentum is still positive. If the current support around 0.00212 holds, CGN may try another push toward the recent high area.
Mid-Term View:
RSI is staying in the higher zone but not overheated. MACD is steady and showing improving strength. As long as the trend stays above the short EMAs, the move can continue step by step.
Future Outlook (My Opinion Only):
CGN is respecting the trend nicely. If volume stays healthy, it can slowly climb. If support breaks, expect a retest of lower levels before any new move.
Just sharing my analysis — not financial advice.