$C /USDT – BEARISH PRESSURE CONTINUES, POSSIBLE RETEST OF SUPPORT
Price action on the 1H chart shows strong selling momentum after the recent rejection near $0.4653, with price now consolidating just above immediate support around $0.3157. Moving averages (MA7 < MA25 < MA99) are aligned in a bearish structure, confirming sustained downside pressure.
Trade Setup:
Entry (Short): $0.3300 – $0.3350
Take Profit 1: $0.3150
Take Profit 2: $0.3000
Stop Loss: $0.3500
Market Outlook:
Bearish sentiment remains dominant as sellers control the trend. Unless the price breaks above $0.35 with strong volume, further declines toward the $0.30 zone remain likely.
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buy and trade here on $C