Technical analysis by Traders_Notes about Symbol CSPR on 5/31/2025

CSPR has been trading inside a descending channel since 2022. Currently, a triangle pattern is forming — price action inside is choppy, with lots of wicks and noise caused by low liquidity. This may indicate spot buying pressure building up.🔸 Why it's interesting: Due to low liquidity, CSPR can experience sharp impulsive moves once demand increases.🔸 Bullish targets: $0.17–$0.26🔸 Less likely, but possible: $0.60–$0.90🔻 Bearish scenario: Price could drop to the channel support zone around $0.03–$0.05⚙️ Trading approach: Best to trade from the mid-range or wait for breakout confirmation, depending on your strategy. Always control position size and manage risk carefully — these moves can be volatile in both directions.