$C ⬆️
$C surging with 11.3x buy volume spike, can it sustain?
- This surge in volume and strong bullish indicator alignment suggests smart money is accumulating or driving price up after clearing out weak hands below the most recent swing low
- I expect price to attempt a move higher into the inefficiency at 0.0954, and if this is cleared, the next levels to target are 0.0993 and then 0.1007
- Best scenario: wait for price to retrace toward 0.0906 or 0.0883, look for a bullish reversal candle (like a pin bar or bullish engulfing on the 5m or 1m), then enter long with a first take profit at 0.0954, second at 0.0993, and a final target at 0.1007; move your stop to break-even after the first take profit
- If price instead collapses back below 0.0848 and holds, this would invalidate the bullish scenario and suggest a deeper dump—flip short bias in that case, targeting the 0.0829 and 0.0785 liquidity pools below
📝 This is not investment advice, just an educational breakdown. Always wait for confirmation before entering and use proper risk management!
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#C