$C /USDT BULLISH CONSOLIDATION BREAKOUT
$C/USDT is showing signs of bullish consolidation, maintaining price above short-term moving averages: MA(7) at 0.1750 and MA(25) at 0.1726. Despite slight resistance from MA(99) at 0.1792, the trend remains positive with potential for an upward breakout.
Key Levels:
Support: 0.1667 – 0.1727 zone
Resistance: 0.1771 – 0.1811 zone
Trade Plan:
Long Entry: 0.175 – 0.176 zone
Take Profit (TP): 0.181 / 0.185 / 0.188
Stop Loss (SL): 0.172
Indicators:
Volume: Moderate accumulation volume at 20,994.7 C supports gradual bullish momentum
MACD & EMA: Indicating potential upward continuation
Risk Management:
Risk only 1-2% of trading capital per trade
Place SL below key support to minimize downside risk
Avoid chasing price during sudden spikes; wait for confirmation
Conclusion:
$C/USDT is positioned for a bullish continuation with clear support and resistance levels. Strategic entry with defined TP and SL levels offers a favorable risk-to-reward scenario.
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