$C Trading Strategy and Key Levels
$C is consolidating at $0.21, forming a clear support-resistance framework that traders can use to guide strategies. The immediate support zone is between $0.19–$0.20, where multiple rebounds have occurred. On the upside, resistance remains capped at $0.22, and a successful breakout could carry the token toward $0.225–$0.23 in the near term.
For active traders, range-trading strategies remain effective. Long entries near $0.19–$0.20 support with stop-losses slightly below $0.185 provide favorable risk-reward setups. Profit-taking zones could be placed near $0.22–$0.23 resistance, where strong selling interest has repeatedly emerged. Conversely, short entries may be considered on rejection candles near $0.22, targeting $0.20 as the first level.
Technical indicators highlight consolidation but with a slight bullish bias. RSI is trending upward without breaching overbought conditions, and MACD is on the verge of confirming a bullish crossover. These signals suggest that while upside remains possible, confirmation above $0.22 is essential.
Overall, C is in a neutral trading zone but is showing potential for breakout moves. Traders should remain alert to volume spikes, as they will likely precede the next strong directional move.
☞ Before trading, always do your own research and verify everything yourself. Never rely blindly—make informed decisions
