$CC /USDT Technical Analysis: Bullish Bounce in Play š
āThe 4H chart for Creditcoin (CC) shows a strong relief rally, with the price gaining +5.73% in the last 24 hours to reach $0.15040. After a period of aggressive selling that bottomed near $0.1057, the asset is now testing key resistance levels as it attempts a trend reversal.
āMarket Dynamics & Key Indicators
āTrend: Improving Bullish momentum. The price has climbed above the EMA(25) and EMA(99), but is currently struggling to maintain a hold exactly at the EMA(7) ($0.1505).
āRSI (6): Neutral at 54.01. This is a healthy sign, suggesting the current bounce isn't yet overextended and has room to push higher before hitting "overbought" territory (RSI >70).
āMACD: Showing a positive bullish crossover with rising histograms, confirming that buying pressure is building.
āFundamental Catalyst: 2026 is a big year for Creditcoin's pivot into decentralized identity and Spacecoin satellite integrations, which are currently driving renewed interest in the token's long-term utility.
āTrade Setup
ā1. Long Setup (Continuation)
āEntry: Confirmed candle close above $0.151 (EMA7).
āTarget 1: $0.160 (Recent local peak).
āTarget 2: $0.185 (Psychological resistance zone).
āStop Loss: Below $0.138 (EMA25 support).
ā2. Short Setup (Rejection)
āEntry: Rejection at the $0.159 - $0.162 resistance cluster.
āTarget 1: $0.143 (EMA25 level).
āTarget 2: $0.126 (Support floor).
āStop Loss: Above $0.168.
