$C Breakdown Cooling Off or Bullish Reversal?
C is currently trading at $0.3200, stabilizing after a sharp intraday sell-off. The price is testing support with declining volume, indicating exhaustion among sellers. A potential reversal could be on the horizon—if bulls reclaim short-term resistance.
Key Levels to Watch:
• Immediate Resistance: $0.3250 – $0.3280
A move above this zone may indicate short-term strength.
• Crucial Support: $0.3060 – $0.3100
A close below this level might trigger a deeper correction.
Trade Setup: Stay Alert for Momentum Shift
• Bullish Entry: On a breakout above $0.3280
• Target 1: $0.3350
• Target 2: $0.3400
• Bearish Entry: On a breakdown below $0.3060
• Target 1: $0.3000
• Target 2: $0.2920
C/USDT sits at a decision point. Bulls need volume-backed confirmation above resistance to take control. Until then, caution is key as volatility could cut both ways.