$C /USDT ā Reversal in Progress: Bears Taking Control šÆ š„
$C has pulled back sharply from the recent high of $0.3051 and is now trading around $0.2925. This marks a potential short-term reversal after a strong upward move earlier.
Key Observations: ā¢ Resistance hit near $0.3050
ā¢ Strong rejection candles forming
ā¢ Price breaking below key support zone
Short Trade Setup (Speculative):
ā¢ Entry Zone: $0.2930 ā $0.2920
ā¢ Stop Loss: $0.2960
ā¢ Target 1: $0.2870
ā¢ Target 2: $0.2820
This could be a healthy correction or start of a deeper move. Watch for volume confirmation and follow risk management carefully.
#Ctoken #CryptoAnalysis #USDTTrading #MarketUpdate #BinanceSquare
