$C Testing Resistance – Can Bulls Push for a Breakout?
$C is trading at $0.2675, holding just under its intraday resistance after a steady climb from recent lows. Price is consolidating near the top of today’s range, suggesting traders are positioning for the next move.
Key Levels to Watch
• Resistance: $0.2680 – A breakout above this level could target $0.2700 and $0.2735.
• Support: $0.2660 – A drop below this level may lead to $0.2630 and $0.2600.
Trade Setup – Watch for Momentum Shift
• Bullish Entry: Break and hold above $0.2680 could target:
• TP1: $0.2700
• TP2: $0.2735
• Bearish Entry: Fall below $0.2660 could target:
• TP1: $0.2630
• TP2: $0.2600
Keep an eye on volume; a strong push will likely determine if this is a breakout continuation or a rejection setup.