$C at Make-or-Break Zone – Breakout or More Downside?
$C is currently trading at $0.2047, under pressure after a steady decline. Price action is hovering near critical support, and the coming move will determine whether bulls can reclaim higher ground or bears extend the drop.
Key Levels to Watch
• Resistance: $0.2080 – $0.2100 → A breakout above this zone could open the path to recovery.
• Support: $0.2040 – $0.1970 → A breakdown below this zone may trigger further selling pressure.
Trade Setup – Prepare for Volatility
Bullish Entry:
• A confirmed move above $0.2080 may target:
• Tip 1: $0.2100
• Tip 2: $0.2130
Bearish Entry:
• A breakdown below $0.2040 could target:
• Tip 1: $0.2000
• Tip 2: $0.1970
Final Note:
$C is consolidating at a crucial support. The next breakout or breakdown will likely set the short-term trend, so traders should watch volume closely and manage risk accordingly.
