$C USDT – Healthy pullback to dynamic support, eyeing a bounce
Long $CUSDT Perp
Entry: 0.06350–0.06450
SL: 0.06150
TP: 0.06650 (EMA7 Reclaim)
TP: 0.06950
TP: 0.07213 (Local High)
C is showing a classic and healthy correction on the 15m chart following an impressive 28% rally to the 0.07213 peak. The price has pulled back and is currently testing the EMA(25) dynamic support. Meanwhile, the RSI(6) has cooled down significantly to 42.2, completely resetting from previous overbought conditions. We are looking to enter within this support zone, anticipating a bounce and a continuation of the broader bullish trend.
⚠️ Disclaimer: Not financial advice. Always Do Your Own Research (DYOR).