$C Fresh Breakout or Fakeout? Decision Time Near!
C/USDT is making headlines with a sudden breakout above the $0.2750 consolidation zone. Volume surged, showing buyer strength, but now it’s approaching a key resistance at $0.2840 that could make or break this move.
Key Levels to Watch:
• Resistance: $0.2840 – Breaching this could extend the rally toward new highs.
• Support: $0.2750 – A retest and hold here would confirm bullish control.
Trade Setup – Breakout in Focus:
• Bullish Entry: Sustained close above $0.2840
• Target 1: $0.2900
• Target 2: $0.2980
• Bearish Entry: Failure to hold $0.2750 support
• Target 1: $0.2680
• Target 2: $0.2600
The current surge is backed by strong volume, but caution is advised near resistance. Traders should watch for either a clean breakout confirmation or a rejection that leads to a pullback.