#AltcoinBreakout $C Alert of sharp rise...
After being launched at a price of $0.10, its price quickly soared to $0.75...
It is now stabilizing in the range of $0.55-0.60. Huge early profits, but volatility is severe.
In case of momentum recovery, a retest of the $0.75 level is possible.
But be careful, if it loses $0.50, the price may drop further.
If the C/USDT pair breaks the resistance level of $0.60, here are the expected targets based on price action:
Target 1: $0.68
Target 2: $0.75 (previous high)
Target 3: $0.85
Target 4: $1.00 (psychological level)
But if the price rejects the $0.60 level, it may decline to:
Support 1: $0.50
Support 2: $0.42
Support 3: $0.35
A breakout above the $0.60 level with strong trading volume could push it towards the $1.00 level, but failure to do so could lead to a sharp pullback.
High-risk, high-reward area. Trade cautiously!