$C at Make-or-Break Level – Breakout or Fakeout?
C is trading at $0.2520, showing signs of stabilization after a sharp drop. Price is consolidating in a tight range, and a decisive move from here could set the tone for the next trend. Traders should stay alert—volatility is brewing!
Key Levels to Watch:
• Resistance Zone: $0.2555 – $0.2580
A clean breakout here could fuel a short-term bullish reversal.
• Support Zone: $0.2500 – $0.2450
Losing this zone may lead to continuation toward the recent low and even deeper.
Trade Setup – Prepare for the Next Wave
Bullish Scenario:
A confirmed breakout above $0.2580 could trigger a relief rally targeting:
• TP1: $0.2650
• TP2: $0.2700
Bearish Scenario:
A breakdown below $0.2500 could invite fresh selling pressure targeting:
• TP1: $0.2450
• TP2: $0.2380
Volume remains muted, but any sudden surge could validate a breakout. Eyes on price reaction at these tight zones!