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$CC is on my radar right now because liquidity was swept aggressively below, weak hands panicked out, and price instantly reacted from a key demand zone.
I’m watching this chart and the first thing I notice is that sharp downside wick into the 0.159 area. That move wasn’t organic selling. That was a stop-hunt. Price dipped fast, grabbed liquidity, and snapped back, which tells me sellers exhausted themselves and buyers stepped in with intent.
Market read
I’m reading this as a liquidity sweep followed by stabilization. Structure was bearish before, but momentum slowed immediately after the sweep. Now price is holding above the demand zone and trying to build a base. This is where reversals usually start if buyers stay active.
Entry Point
I’m planning a long entry around 0.168 – 0.173, as long as price keeps holding above the swept low.
If price re-tests 0.160 – 0.162 and shows reaction, that becomes an even stronger entry area for me.
Target Point
TP1: 0.182 – first resistance and range high
TP2: 0.195 – previous rejection zone
TP3: 0.215 – higher-timeframe supply and breakout decision area
Stop Loss
My stop is clean below 0.156. If price goes there and holds, the liquidity sweep idea fails and I’m out.
How it’s possible
This setup works because the market already punished late sellers, liquidity is cleared below, and price is now trading acceptance instead of panic. I’m not chasing upside. I’m positioning where risk is defined and reaction already happened. If buyers follow through, the move can expand quickly.
I’m staying disciplined and letting structure do the work.
Let’s go and Trade now $CC