š Coin98 (C98) Price Analysis ā Whatās Happening Right Now?
$Coin98 (C98) is showing strong short-term momentum, currently trading around $0.0304, with a 24-hour gain of nearly 27%. This sudden move has pushed C98 into the DeFi Gainers category, attracting renewed trader attention.
š Technical Overview
24H High: $0.0355
24H Low: $0.0226
Key Resistance: $0.0315 ā $0.0350
Key Support: $0.0290 ā $0.0300
Despite the strong bounce, price is still trading below the MA60, which suggests the broader trend remains cautious. However, the recent higher low near $0.029 indicates buyers are defending support.
š Volume & Momentum
Trading volume has increased noticeably, signaling short-term speculative interest. This kind of volume spike often appears during relief rallies or early trend reversals, but confirmation is still needed.
ā ļø What to Watch Next
A break and hold above $0.032 could open the door for a retest of $0.035+
Failure to hold $0.029 may trigger a pullback toward $0.027
Market sentiment and Bitcoin movement will heavily influence continuation
š§ Final Thoughts
$Coin98 is currently in a high-volatility zone. Short-term traders may find opportunities, while long-term holders should wait for clearer trend confirmation above major moving averages.
As always, manage risk and avoid chasing green candles.