$C Perp is still green on the day, but the chart just took a violent hit.
C is trading at 0.08344, up +4.82% in the last 24 hours, while the mark price is 0.08342. The pair touched a 24H high of 0.09280 and a 24H low of 0.07592, with huge activity at 800.85M C and 68.19M USDT traded.
On the 15m chart, C pushed into the upper range and looked strong, but then a massive red candle wiped out momentum and slammed price down toward 0.08127 before a small rebound. Price is now hovering around 0.08344, showing buyers are trying to stabilize things, but the breakdown damage is still fresh. The immediate resistance is 0.08489–0.08692, while 0.08285 and 0.08127 are the key support levels if pressure returns.
CUSDT Perp is still active, but the market just got shaken hard.
If buyers reclaim the nearby resistance zone, a recovery bounce can build fast, but if support slips again, the downside could reopen quickly.
