$C has seen a sharp rally, jumping from a 0.1875 low to a recent high of 0.2223, now trading at 0.2207. Price is holding well above the 7-MA (0.1965), 25-MA (0.1951), and 99-MA (0.2067), confirming strong bullish momentum.
Bullish View:
The breakout above 0.2060 resistance flipped the short-term trend bullish. As long as price stays above 0.2060, momentum favors buyers. A push through 0.2223 could open the way to 0.2300 – 0.2380 in the short term.
Bearish / Pullback Risk:
After a +17% surge, some cooling off is possible. If price falls back under 0.2060, a pullback toward 0.1950 – 0.1930 (25-MA support) could follow before buyers return.
Long Trade Setup (preferred bias):
Entry: 0.2100 – 0.2140
Target 1: 0.2300
Target 2: 0.2380
Stop Loss: 0.1950
Short Trade Setup (only if rejection at 0.2223):
Entry: 0.2200 – 0.2220
Target: 0.2060 → 0.1950
Stop Loss: 0.2250
Bias: Bullish while above 0.2060, but watch for volatility after the breakout.
