Analysis of $C/USDT 4H Frame

robot
Abstract generation in progress

Current price: $0.2540 Trend: Decrease, still in a weakening trend 📊 MA Structure MA7 < MA25 < MA99 → Completing a "bear stack" ( stacked in a downtrend ) Price is below all important MA lines → Downtrend is still maintained 🔍 Market Psychology After the rise to the local peak of $0.43, the market witnessed strong selling pressure. Forming a series of lower highs + lower lows → Confirming the bearish structure. Trading volume is gradually decreasing → Market interest is weakening. However, this sometimes signals a reversal when selling pressure diminishes. 🎯 Target Milestones – Potential Recovery Zone ✅ Target 1: $0.276 The resistance zone overlaps with the MA25, which is also the nearest lower peak. This will be the first "battle" to test the recovery of the bullish signal.

🔒 Reliability: Average ✅ Goal 2: $0.312 Strong resistance The last supply zone before the breakout It is highly likely that the sellers will strengthen their selling pressure here.

🔒 Reliability: Average ✅ Objective 3: $0.386 Strong breakout target Fill the previous long wick candle Only feasible if the altcoin market rises sharply along with BTC

🔒 Reliability: Low ( unless BTC rises sharply ) 🛑 Suggest Stop Loss Stop loss level: $0.240If this level is breached → Entering the panic selling zone (capitulation)Risk of a deep drop to $0.20 or lower 📌 Conclusion $C is in a clear downtrend, any current rebound is still considered a technical bounce. The $0.240 level is an important "lifeline" — losing this level will significantly increase risk. Investors need to manage their capital tightly and closely monitor BTC's movements to determine the breakout potential of this altcoin. #Chainbase @ChainbaseHQ

BTC-0.64%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)