$C $C/USDT (1h) – Update
📉 Price: 0.2915 | -8.74%
📌 Resistance: 0.3389 / 0.4408
📌 Critical support: 0.2909
📊 Technical analysis:
– Broke support at 0.3005 and testing new low at 0.2909
– RSI oversold (≈25), signal of selling exhaustion
– Descending MACD, no reversal strength
– Moving averages tilted downwards, confirming downtrend
– Volume up on selling, showing selling pressure
📌 Scenario:
🔻 If it loses 0.2909, it may seek 0.275
🔺 Only reverses if it breaks 0.31 with strength and volume
⚠️ Risk zone, wait for a clear reversal signal to enter