📊 $C98 /USDT Technical Analysis
Current Price: 0.0303
24H Change: +24.69% 🔥
Trend: Strong short-term bullish (DeFi gainer momentum)
🟢 Market Structure
Price has impulsively broken above the previous consolidation zone around 0.024–0.026
High volume (151.69M C98) confirms real buying interest, not a weak bounce
Structure on 15m & 1h is bullish; 4h showing early trend reversal signs
🔑 Key Levels
🔼 Resistance (Upside Targets)
0.0311 – 0.0316 → Immediate resistance (current supply zone)
0.0340 → Next breakout target if volume expands
0.0375 – 0.0400 → Major resistance (previous distribution area)
🔽 Support (Pullback Zones)
0.0295 – 0.0300 → Minor support (must hold for continuation)
0.0277 → Strong demand zone
0.0258 – 0.0240 → Major support / trend invalidation area
📈 Indicator Outlook (General)
Momentum: Strong, but slightly overheated on lower timeframes
RSI (est.): Near overbought → small pullback or consolidation is healthy
Volume: Bullish confirmation (very important here)
🧠 Scenarios
✅ Bullish Continuation
Hold above 0.0295
Break & close above 0.0316
Targets: 0.034 → 0.037 → 0.040
⚠️ Short-Term Pullback (Healthy)
Rejection near 0.031–0.032
Retest 0.028–0.0277
As long as this holds → trend stays bullish
❌ Bearish Shift (Only if)
Strong breakdown below 0.0258
High-volume selling → momentum invalidated
📌 Summary
C98 is showing strong DeFi momentum with solid volume backing the move.
Chasing at resistance is risky — pullbacks to support are safer entries. Trend remains bullish above 0.0277.
If you want, I can also do:
🎯 Scalp setup (15m)
📆 Swing trade plan
🧨 Breakout confirmation strategy
Just tell me 👀📈