$C Massive Reversal in Play Is This Just the Beginning?
#C just pulled off a wild swing spiking from a brutal low of $0.1530 to a sharp recovery at $0.2927 (+13.80% today). After that massive wick to $0.7500, bulls are trying to reclaim control. Volatility is peaking, and accumulation seems to be underway after the steep correction.
Reversal Setup:
Entry Zone: $0.2880 – $0.2950
Stop Loss: Below $0.2550
Target 1: $0.3500 (24H high retest)
Target 2: $0.4250 (Mid-wick recovery)
Final Target: $0.5200 (Breakout continuation)
Key Notes:
Liquidity flush down to $0.1530 triggered whale entries
Bullish engulfing candle forming on 4H
This setup screams high risk, high reward only for aggressive traders with strict risk management!