$C Token Breakout Watch 🚀
C token is currently trading at $0.2540, down -8.76% in the last 24 hours, showing recent selling pressure. The price is sitting just below the short-term MA(7) at $0.2598 and MA(25) at $0.2647, which act as immediate resistance levels.
The 24h high of $0.2814 marks the key breakout point. A strong move above $0.2650–$0.2700, supported by volume, could signal the start of a push toward $0.28 and beyond. On the downside, support lies at $0.2466 (24h low) and then $0.2365 from recent price action.
The RSI at 36 suggests the token is nearing oversold conditions, which could trigger a bounce if buyers step in. However, the MACD remains slightly bearish, so confirmation of a breakout will require a shift in momentum.
In summary: Watch for a close above $0.2650 with strong volume to confirm a potential breakout toward $0.28–$0.30. Failure to reclaim the moving averages may keep the token in a consolidation or downward phase.
