$C Shows Weak Bounce Into Resistance — Bearish Continuation Setup
$C is currently showing signs of weakness after a short-lived bounce into a key resistance zone. Despite the upward push, momentum remains limited and the recovery lacks strong follow-through, suggesting buyers are struggling to regain control.
From a structural perspective, the chart continues to print lower highs, indicating that sellers are still dominating the trend. Repeated rejection around resistance reinforces the bearish outlook and increases the probability of a continuation move to the downside.
Trading Plan (Max 10x Leverage):
Entry: 0.077 – 0.081
Stop Loss: 0.086
Take Profit Targets:
TP1: 0.072
TP2: 0.067
TP3: 0.062
If price fails to reclaim strength above resistance, the downtrend may extend as selling pressure persists. Traders will be watching closely for further rejection signals within the entry zone.
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