$C is attempting a range breakout after reclaiming support from the $0.0871 low and pushing into the key $0.1021 resistance zone. Price has spent several sessions consolidating before this expansion, signaling accumulation beneath overhead resistance.
📈 Pattern: Range Breakout / Accumulation Base
🎯 Entry: $0.0970 - $0.0990
🎯 TP1: $0.1035
🎯 TP2: $0.1080
🎯 TP3: $0.1140
🛑 SL: $0.0940
The chart shows a strong impulsive move out of the range followed by a shallow pullback, which is typically a bullish continuation characteristic. Holding above the former consolidation zone keeps momentum in favor of buyers, while a break above $0.1021 would confirm the breakout structure.
Will C clear $0.1021 resistance and begin its next expansion leg higher? 👀🔥
Trade #c here
C
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