🚨$C/USDT Bullish Momentum🚨👇
The large green candle on the 4-hour timeframe of C/USDT chart indicates:
🕯️ Bullish Breakout Candle – Key Insights:
🔹 Strong Bullish Momentum:
The candle is large and green, showing a sharp upward price movement.
Price moved from below $0.300 to nearly $0.3500, a significant intraperiod gain.
🔹 High Volume Confirmation:
Volume bar below the candle is strong and green, confirming that real buyer strength is behind this move.
Volume of 24.667M (USDT) during that 4H candle gives further conviction.
🔹 Breakout Attempt:
This candle broke above the recent range highs (approx. $0.3200 resistance).
A wick to $0.3500 shows initial rejection at that level, but the close around $0.3321 is still solid.
📉 What This Suggests:
Buyers are in control.
If the next candle holds above $0.3200, we may see continuation toward $0.3550–$0.3700.
But the wick at the top (rejection at $0.3500) signals that some profit-taking/resistance is present.
✅ Next Steps for Traders:
Wait for Confirmation:
If the next 4H candle stays green or forms a higher low, it confirms bullish continuation.
Invalidation Zone:
If price breaks back below $0.3150–$0.3100, this breakout could be a fakeout.
