$C Token Breakout Watch 🚀



C token is currently trading at $0.2540, down -8.76% in the last 24 hours, showing recent selling pressure. The price is sitting just below the short-term MA(7) at $0.2598 and MA(25) at $0.2647, which act as immediate resistance levels.

The 24h high of $0.2814 marks the key breakout point. A strong move above $0.2650–$0.2700, supported by volume, could signal the start of a push toward $0.28 and beyond. On the downside, support lies at $0.2466 (24h low) and then $0.2365 from recent price action.

The RSI at 36 suggests the token is nearing oversold conditions, which could trigger a bounce if buyers step in. However, the MACD remains slightly bearish, so confirmation of a breakout will require a shift in momentum.

In summary: Watch for a close above $0.2650 with strong volume to confirm a potential breakout toward $0.28–$0.30. Failure to reclaim the moving averages may keep the token in a consolidation or downward phase.

@ChainbaseHQ #chainbase
TOKEN-3.55%
IN-5.1%
MA1.8%
ACT-5.47%
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)