$C is trading at $0.2391, recovering from a sharp drop to the daily low of $0.2223. The price is trying to build bullish momentum but faces resistance in the $0.2450-$0.2500 zone.
*Trade Setup:*
- *Entry Zone:* $0.2380 - $0.2395
- *Profit Targets:*
- *TP1:* $0.2420
- *TP2:* $0.2450
- *TP3:* $0.2500
- *Stop Loss:* $0.2360
*What's Next?*
If $C breaks above $0.2450 with strong volume, it could pave the way for a push towards the $0.2500 resistance. Holding above $0.2380 is crucial to strengthen buyer confidence.
*Breakout Potential:*
If buyers maintain control, $C could turn this rebound into a short-term breakout opportunity. To maximize protection, use a tight stop-loss as risk management is essential due to high volatility after the recent drop.Be alert and trade wisely.
