$C/USDT

Current Price: 0.177
Target Price:

- TP1: 0.1875 (Fibonacci 38.2% extension level)
- TP2: 0.1910 (neckline breakout level / Fibonacci 61.8% extension level)
- TP3: 0.1950 (Fibonacci 261.8% extension level)
Stop loss price: lower than 0.1765

Reason for Purchase:

1. Form Confirmation:
- The daily level has formed a "double bottom" breakout pattern (lasting 15 trading days), with the neckline at 0.1875.
- Measure increase = Bottom depth × 1.618 = 0.012 → Target price 2 = 0.1765 + 0.012 = 0.1885 (actual rounded to integer 0.1910)
2. Trend Structure:
- The weekly level breaks the descending trend line (connecting the Q3 2024 high points), and the price stands above MA(50) 0.1800
- The short-term trend is upward, with the Bollinger Bands' middle line moving up to 0.1825
3. Breaking Potential:
- After breaking 0.1875, open up 0.1950+ upward space (Fibonacci 261.8% extension level)
- If an effective breakout occurs, it may trigger the liquidation of 2.0x leveraged contracts.
4. Indicator Verification:
- RSI(14)=65 (neutral to bullish), MACD red bars widen, double line golden cross
- The OBV indicator has reached a new 15-day high, indicating capital inflow.
- The trading volume must exceed 2.5 times the daily average when breaking through.

Key technical features:

- Morphological parameters:
- Double bottom spacing: 15 trading days (daily)
- Neckline Position: 0.1875 (connecting the double bottom peaks)
- Fibonacci Extension:
- 0.1875 = (0.1765 → 0.1835 increase) × 0.382 + 0.1835
- 0.1910 = (0.1765 → 0.1835 increase) × 1.618 + 0.1835
- 0.1950 = (0.1765→0.1835 increase) × 2.618 + 0.1835
- Wave structure:
- Third wave main upward wave: 0.1765→0.1950 (target price 3)
- Currently in the 3rd wave of the 3rd sub-wave (0.1835→0.1950)

This content is for reference only and does not constitute investment advice.