Watching $CSPR at 6.78 - A potential breakout or bust?
asked by u/obi_k · 6d · 2 answers
Been looking at $CSPR today, and that 6.78 level feels like a bit of a make-or-break point. It's been bumping up against it, not really able to push through, but also not getting rejected hard enough to call it a definitive cap. My gut says if we see a solid candle close above 6.785 on decent volume, there's some room to run, possibly testing the next resistance at... well, let's just say a higher number.
Of course, the whole idea gets invalidated pretty quickly if it fails to hold 6.605. A move below that, and it's probably back to grinding lower, faking out everyone who thought this was the moment. Just my thoughts, could be completely off.