Trade setup for $C/USDT current price of $0.3610:
๐ฏ First Target
$0.3830 โ $0.3860
Recent breakout above consolidation, with strong volume and clean bullish alignment of MAs (7, 25, 99, 200), suggests upside toward the next resistance near $0.3830โ$0.3860.
๐ฏ Second Target
$0.4200 โ $0.4300
If bullish momentum persists, the next structural resistance lies toward $0.42โ$0.43, capturing a ~20% move from current levels. This aligns with mid-term Fibonacci and a measured move from consolidation breakout.
๐ฏ Final Target
$0.5000 โ $0.5500
Considering bullish forecasts linked to Chainbaseโs growth and speculative market optimism, a move toward $0.50โ$0.55 is plausible in a strong crypto rally.
โ๏ธ Risk Control Tips
Risk โคโฏ1โ2% of capital per trade; size position based on entryโstop distance.
Stop-Loss: Below recent support at $0.3450 or $0.3500 to protect versus retest .
Prefer limit entries near current price or on slight pullbacks (~$0.3550โ$0.3600).
After hitting First Target, trail your stop just below each higher low to lock in gains.
Volume confirmation is crucialโbullish move needs strong volume increases, as seen on the breakout .
Keep an eye on broader crypto market trends; $C has shown sensitivity to Bitcoin momentum and sector-wide shifts.
