$C /USDT BEARISH CONTROL PERSISTS — REBOUND FACES STRONG RESISTANCE
$C has dropped over 11% in the last 24 hours, trading at $0.2374 after hitting a low of $0.2223. Despite a minor bounce, price action remains capped below the mid-Bollinger band, indicating sellers are still dominant. Unless bulls reclaim the $0.245–$0.248 zone, the risk of another move toward recent lows stays high.
Trade Setup (Short):
Entry: $0.2370 – $0.2420
TP1: $0.2280
TP2: $0.2225
SL: $0.2485
Market Outlook:
Momentum remains bearish with a pattern of lower highs and weak buying volume. Failure to break above immediate resistance could lead to renewed selling pressure and a retest of the $0.2220 support level.
#C #CryptoAnalysis #BearishTrend #AltcoinTrading #CryptoSignals
buy and trade here on $C