The market woke up today to a massive price spike on the C/USDT pair, with the price jumping +25.21% in the past 24 hours, hitting a peak of $0.4653 before pulling back to $0.4257.
Chart Breakdown:
Previous Support: Around $0.3269
Current Price: $0.4257
24H High/Low: $0.4653 / $0.3341
Volume Spike: 148.94M C traded, with a sharp increase in hourly volume just before the breakout.
The moving averages (MA7, MA25, MA99) show a strong upward crossover, and momentum indicators such as KD are approaching overbought levels — signaling strength but also caution.
What Triggered the Move?
While no official announcement has been made yet, the price action and volume suggest:
Whale accumulation or insider anticipation
Speculative buying due to recent lows
Possible upcoming news or listings
What to Watch Next:
1. Resistance at $0.465: A break above could signal further upside toward $0.50+
2. Support at $0.38–$0.40: Retesting this zone could be healthy for continuation
3. Volume: Sustained buying is key — watch for declining volume as a reversal signal
Final Thoughts:
This could be the start of a new trend or just a short squeeze followed by a cooldown. Always manage your risk, especially when trading breakouts after such vertical moves.
Not financial advice. DYOR.
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