$C 📊 Analysis of currency C – Attention to support and possible targets
Currency C has not yet tested the main support, located at 0.3051. At the current point (region of 0.3303), it is important to exercise caution, as the price may:
🔹 Reverse from here, turning the region of 0.3192 into a new support and start rising again;
🔹 Or continue falling until it tests the main support at 0.3051.
The current region is below the 100 and 200 period moving averages, indicating possible accumulation. A good strategy in this scenario is to use recurring purchases every hour, always watching for confirmation of a reversal.
🎯 Potential targets:
1️⃣ 0.3839 – First observed resistance;
2️⃣ 0.4520 – Second stronger resistance zone.
These are points where the price previously encountered resistance and can be used as profit-taking targets.
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