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since the last readPrice has left the range the coin's last read drew.
Price has left the range the coin's last read drew.
After the spike to 0.1467: a 0.09078–0.13532 range, price at the floor
The setup is clearly bearish while CC stays under 0.09668: the 0.09668 swing low broke and price is back testing it from the bottom.
Backing it: it is still digesting the spike.
Price is under the 50-day average (0.1116). It is under the 200-day average (0.1279).
The last 5 days are down 0.2%.
Price is 32.1% under 0.13532, the top of the range it has built since the bounce, and 1.2% over 0.09078, the low of that range.
What kills the setup: a daily close over 0.09668, 5.0% away.
For it: price is under the average price buyers have paid since the 0.08688 low, 0.1099, so those buyers are losing money; Momentum favours the sellers (RSI 39): their closes have been stronger.
Against it: RSI and OBV show a bullish divergence: price set a lower low that momentum did not confirm.
While CC stays under 0.09668 the setup stays bearish; 0.09078 is the next line it has to break.
A 1D close above 0.09668 ends the breakdown and retest; no tested level above it on this chart — the next round number is 0.1000.
A 1D close below 0.09078 breaks down out of the range; the next level down is 0.08688.
0.09078 is where buyers keep showing up: it held 3 of 3 visits. It is also the prior week low.
0.13532 is the ceiling — the top of the base.
On Sep 28 CC spiked to 0.1467, 65% over its 30-day low, on 3× normal volume; it has since traded between 0.09078 and 0.1467.
On the 1D chart, CC has traded between 0.09078 and 0.13532 since the bounce. Now at 0.09184, it sits at the floor of that range; the last daily close was 0.09407.
Its highs keep falling — 0.1315, then 0.1164, then 0.1051 — pressing toward the 0.09078 floor; the round 0.09500 sits 3.4% above the last daily close.
The weekly picture: a weekly downtrend, 54% under the cycle high; on the daily, price is below the 200-day average (0.1279), and the 50-day average is below the 200-day average. The daily has no trend of its own.
Against BTC: over the last 5 daily candles CC moved -0.2% and BTC -1.2% — CC is the stronger chart.
The trend has been the sellers': the weekly chart is down. The indicators pull both ways: RSI and OBV show a bullish divergence — price set a lower low that momentum did not confirm; but price is under the average price buyers have paid since the 0.08688 low, 0.1099, so those buyers are losing money.
There is no real trend: neither buyers nor sellers are pushing.
| Level | Price | From price | Role |
|---|---|---|---|
| Swing high | 0.2 | +117.8% | swing, read |
| Swing high | 0.1467 | +59.2% | swing, read |
| Resistance | 0.13532 | +47.3% | read edge |
| Swing high | 0.1279 | +39.3% | swing, read |
| Weekly open | 0.09780 | +6.5% | calendar, fib |
| Fib retracement | 0.09668 | +5.3% | fib, sr |
| 2-TF resistance | 0.09539 | +3.9% | confluent, calendar |
| Daily open | 0.09405 | +2.4% | calendar, swing |
| Prior day low | 0.09270 | +0.9% | calendar |
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