Technical Analysis Is $C /USDT Rebounding?
After a long decline within a clearly defined downtrend channel, the C token is showing signs of life with a local bottom at $0.2607, followed by a strong move up to $0.2876. This bullish reaction is gradually pushing price toward the key resistance zone of $0.2955, which previously acted as support.
The RSI at 43 suggests buying momentum is returning, but we’re still far from overbought territory. If C/USDT breaks above $0.2955, the next targets could be $0.3405 and $0.3855 in the midterm. The 50 MA around $0.3208 may serve as the next resistance.
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