$C /USDT BEARISH REVERSAL LOOMS AS PRICE HITS RESISTANCE ZONE
After a sharp recovery from the lower support, $C/USDT is now facing strong resistance at the upper supply zone around 0.2745–0.2750. The ascending channel has completed, signaling potential bearish pressure if the price fails to break above the resistance.
Trade Setup:
Entry (Short): 0.2745–0.2750
Take Profit 1: 0.2707
Take Profit 2: 0.2655
Stop Loss: 0.2842
Market Outlook:
Momentum is shifting as the pair struggles at resistance. A rejection from this level could trigger a short-term downside move toward key support areas. Watch for breakdown confirmation before scaling positions.
#CryptoTrading #CUSDT #PriceAction #BearishSetup #BinanceTrading
buy and trade here on $C