#AltcoinBreakout $C Warning of sharp increase...
After its launch at a price of $0.10, it quickly rose to $0.75...
It is now stabilizing in the range of $0.55-$0.60. Huge early profits, but the volatility is severe.
If the momentum recovers, it may retest the $0.75 level.
But be careful, if it loses $0.50, the price may drop further.
If the C/USDT pair breaks the resistance level of $0.60, here are the next expected targets based on price movement:
Target 1: $0.68
Target 2: $0.75 (previous high)
Target 3: $0.85
Target 4: $1.00 (psychological level)
But if the price rejects the $0.60 level, it may drop to:
Support 1: $0.50
Support 2: $0.42
Support 3: $0.35
A breakout above the $0.60 level with strong trading volume may push it towards the $1.00 level, but failure to do so could lead to a sharp decline.
High risk, high reward area. Trade cautiously!
CUSDT