Technical Analysis

Will CC Rise or Fall? January 23, 2026 Scenario Analysis

CC

CC/USDT

$0.14293
-1.72%
24h Volume

$33,696,866.32

24h H/L

$0.1540 / $0.14073

Change: $0.01327 (9.43%)

Data provided by COINOTAG DATALive data
CC
CC
Daily

$0.14274

0.20%

Volume (24h): -

Resistance Levels
Resistance 3$0.1806
Resistance 2$0.1636
Resistance 1$0.1494
Price$0.14274
Support 1$0.1351
Support 2$0.1192
Support 3$0.1070
Pivot (PP):$0.142887
Trend:Uptrend
RSI (14):56.8
DK
David Kim
(10:42 AM UTC)
5 min read
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0 comments

CC is positioned at a critical juncture at the $0.14 level. While the short-term uptrend continues, the MACD bearish signal and Supertrend resistance mean both scenarios carry equal probability; breaking $0.1423 resistance could trigger upside, while breaking $0.1351 support could trigger downside.

Current Market Situation

CC is currently trading at the $0.14 level and has experienced a -5.29% decline in the last 24 hours. The price is stuck in the $0.14-$0.15 range, with volume at a moderate $30.30M level. The overall trend is classified as uptrend, but short-term signals are mixed: RSI at 56.61 is in neutral territory, MACD shows bearish momentum with a negative histogram, and price is exhibiting a bullish short-term structure above EMA20 ($0.13). Supertrend is bearish and pointing to $0.19 resistance.

In multi-timeframe (MTF) analysis, a total of 6 strong levels were identified across 1D, 3D, and 1W charts: 2 supports/2 resistances on 1D, 2 supports/1 resistance on 3D, and 1 resistance on 1W. Key supports are $0.1351 (strength score 82/100) and $0.1192 (73/100); resistances are $0.1423 (64/100) and $0.1556 (64/100). These levels are derived from pivot points, Fibonacci retracements, and volume profiles, serving as key thresholds that will determine price direction.

Access detailed charts from the CC Spot Analysis and CC Futures Analysis pages.

Scenario 1: Upside Scenario

How This Scenario Unfolds?

For the upside scenario, the $0.1423 resistance must first be broken with increasing volume. This level coincides with the nearby resistance on the 1D chart and the lower band of Supertrend. Post-breakout, price is expected to gain momentum toward $0.1556; RSI rising above 60, MACD histogram approaching zero, and holding above EMA20 would strengthen bullish confirmation. In MTF, preservation of 3D chart supports (above $0.1351) signals uptrend continuation. A +20% volume increase and green candle formations (e.g., bullish engulfing) would be triggers. If BTC remains stable or rises, CC's bullish alignment between short-term EMAs comes into play.

Invalidation: A close below $0.1351 support invalidates the upside scenario.

Target Levels

First target $0.1556 (nearby resistance), followed by extension target $0.19 (Supertrend resistance) and main bullish target $0.2462. These levels are derived from Fibonacci 1.618 extension and previous highs. Risk/reward ratio (R/R) from current levels is around 1:3; from $0.14 to $0.2462 offers potential 76% return. Watch for: volume spike on $0.1423 breakout and absence of RSI divergence.

Scenario 2: Downside Scenario

Risk Factors

The downside scenario is triggered by a close below $0.1351 support (strength score 82/100). This level is the intersection of 1D and 3D supports, confirmed by increased volume and red candles (e.g., bearish pinbar). MACD's expanding negative histogram, RSI dropping below 50, and price slipping below EMA20 accelerate bearish momentum. Supertrend's bearish signal is already active; distance from 1W resistance at $0.19 adds pressure. If BTC's downtrend continues (e.g., break of $88,321), correlation intensifies selling pressure on CC (beta >1). Volume spikes and negative divergences heighten risk.

Invalidation: Holding above $0.1423 resistance on close disproves the downside scenario.

Protection Levels

First protection $0.1351, second $0.1192; main bearish target $0.0300 (extension from previous lows). R/R from current levels around 1:2.5; potential 79% decline from $0.14. Watch for: volume confirmation on $0.1351 break and MACD line crossover. These levels are ideal for stop-loss; 3D support break in MTF could create a cascade effect.

Which Scenario to Watch?

Key triggers: Close above $0.1423 (bullish) vs. close below $0.1351 (bearish). Volume analysis is critical; +30% volume increase on breakouts confirms. RSI 60+ (bull) / 40- (bear), MACD histogram zero cross, and EMA20 tests are confirmation signals. Monitor candle formations on daily/4H charts (doji for indecision, engulfing for direction) and OBV (on-balance volume) trend. Volatility is high; track levels for early invalidation in both scenarios. Use CC Spot Analysis for spot data, and CC Futures Analysis for futures leverage risks.

Bitcoin Correlation

As an altcoin, CC has high correlation to BTC; BTC at $89,093 and in downtrend (-1.07%). BTC Supertrend is bearish; breaks of $88,321 / $86,701 supports increase selling pressure on CC (beta >1). Conversely, BTC breaking $90,356 resistance strengthens CC's upside scenario. Key BTC levels: Supports $88,321 (watch), $86,701; Resistances $90,356, $92,308. Rising BTC dominance weakens altcoins; CC's $0.1351 test aligns with BTC below $88k. BTC stability is neutral for CC, downtrend gives bearish bias.

Conclusion and Monitoring Notes

CC's consolidation around $0.14 keeps both scenarios open; traders should enter positions by monitoring levels and indicator confirmations. Daily monitoring: Volume, RSI/MACD, MTF levels, and BTC movement. Use trailing stops post-breakouts; manage volatility. This analysis is for educational purposes; markets are dynamic, do your own research.

This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.

Strategy Analyst: David Kim

Macro market analysis and portfolio management

This analysis is not investment advice. Do your own research.

DK
David Kim

Expert technical analysis and market insights. Follow us for the latest cryptocurrency analysis.

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