CPOOLUSD new supports formed here and expected pump ahead

CPOOL / USDT

CPOOL still correcting in this pattern since early December.

Until now Cpool still couldn't be able to flip the major resistance on frames between $1-1.25.

Scenario 1: test local support between $0.42-0.43

Scenario 2: if this local support here remains valid, price can easily pump to the channel upperside and $0.60-0.63 in the next move.

Any breakout and then more pump is expected with the upcoming news of the mainnet launch.

DISCLAIMER: Trade based on your own decision, please do your own research.