Token Skyrockets +170% – Will This Consolidation Lead to a Second Explosion?
C/USDT is currently trading at $0.4185 (+173.53%), following a vertical rally from the day’s low of $0.1530 to a high of $0.7500. The price has since pulled back and is consolidating below $0.4200. This pause could either mark the start of another leg up or signal distribution before retracement.
Key Technical Levels
• Resistance Zone: $0.4350 – $0.4500
A breakout above this zone could bring renewed momentum and another wave of buying.
• Support Zone: $0.4000
This level is acting as a base. Losing it could trigger a deeper correction back toward $0.3700.
Trade Setup – Breakout or Fakeout?
Bullish Scenario:
Entry: Break and hold above $0.4500
Target 1: $0.5000
Target 2: $0.5750
Bearish Reversal:
Entry: Drop below $0.4000
Target 1: $0.3700
Target 2: $0.3350
Short-Term Outlook:
Massive volume spike confirms interest, but price now sits in a tight zone. Watch for confirmation before entering. The next candle could dictate the direction of the next major move.
