CSPR hitting $7.00 by month-end: a cautious assessment
Considering the current range-bound action for $CSPR, and a look at the daily candles, I'd put the odds of it touching $7.00 by month-end at around 35%. While it's nudging against the upper end of its recent channel at 6.78, the momentum just doesn't feel convincing enough for a sustained breakout yet. We've seen similar attempts fizzle, and without a significant catalyst, it's more likely to continue oscillating or retest support before making a decisive move. Maybe I'm just getting old and cynical, but the market's been teaching me patience lately.
35% seems a bit optimistic given the current market sentiment and CSPR's historical volatility. What catalyst do you envision pushing it through resistance, or are you just looking at technicals?