$C
– RECOVERY FROM $0.1985 LOW
$C dipped to $0.1985 before bouncing back toward $0.2057 but is now consolidating at $0.2034. Bulls managed to defend the $0.20 psychological level, keeping short-term recovery hopes alive. Immediate resistance lies at $0.2060–$0.2080, while a strong breakout above $0.2100 could extend gains toward $0.2150. On the downside, losing $0.20 would weaken momentum and open doors to $0.1980–$0.1960.
Long Setup
Entry: $0.2020 – $0.2035
Targets: $0.2060 / $0.2080 / $0.2100
Stop Loss: Below $0.1990
As long as $0.20 holds, $C shows potential for a rebound, but rejection near resistance could trigger renewed selling pressure.