$C Breakdown Brewing or Bounce Incoming?
C is currently trading at $0.2893, showing signs of weakness after failing to hold above $0.2950. With rising sell volume and price testing a key support zone, the next move could set the tone for short-term direction.
Key Levels to Watch
• Resistance: $0.2950 – A breakout above this may open doors toward $0.3000 and $0.3050
• Support: $0.2850 – Losing this zone could drag price toward $0.2800 and possibly $0.2750
Trade Setup – Prepare for Both Scenarios
Bullish Entry: If price reclaims $0.2950 with strong volume
• TP1: $0.3000
• TP2: $0.3050
Bearish Entry: A break below $0.2850 may accelerate downside pressure
• TP1: $0.2800
• TP2: $0.2750
Conclusion:
C is approaching a make-or-break level. Traders should watch for a breakout or breakdown confirmation before entering. Volatility ahead — stay sharp!