You should read this analysis before launching the currency #C on spot trading ....
**1. Current price and critical levels (based on available data)**
- **Current price**: **$0.485** (should be verified at the time you read the analysis).
- **Support**:
- Near support: **$0.475** (if broken, it may drop to $0.460).
- Strong support: **$0.450** (potential buying zone).
- **Resistance**:
- Near resistance: **$0.500** (breaking it may push the price to $0.520).
- Strong resistance: **$0.550**.
🎯 **Proposed trading strategy**
**Bullish scenario (buy)**
- **Entry point**: After the price rebounds from **$0.475** or breaks **$0.500** with confirmation (closing candle above it).
- **Stop Loss**: **$0.465** (if entered at $0.475).
- **Take Profit**:
- First target: **$0.520**.
- Second target: **$0.550** (if the trend is strong).
**Bearish scenario (sell)**
- **Entry point**: If the price breaks **$0.475** with high trading volume.
- **Stop loss**: **$0.490**.
- **Take profit**: **$0.450** or lower depending on bearish momentum.
📢 **Final note**
- These recommendations are based on **technical analysis only** and are not financial advice.
- Prices may change quickly, so check the data before entering a trade.
