CC current quote is 0.14764, with no change since launch, remaining at 0.00%. From a technical perspective, the bearish trend has just begun, with only 1 candlestick formed so far.

The tracking line is set at 0.14929, which can serve as a reference for dynamic stop-loss above.

Support levels from bottom to top are 0.14277, 0.14510, and 0.14629, while resistance levels are 0.14771, 0.15016, and the previous sideways range at 0.15024.

The current situation is interesting: the price is stuck between the trend start point and the first resistance. Whether the bears can hold depends on this key point at 0.14771. If the price cannot hold here and falls back, it signals the continuation of the bearish trend. Aggressive traders can try short positions near the current price, but don’t forget to set the stop-loss above 0.14929.

However, there is also a risk to be cautious of: the price has not yet broken below the launch price. If it quickly breaks through 0.14771 and stabilizes, it could trigger a stop-loss for the bears, risking a trend reversal. So, stay alert.