C98 Update 📊 | Is It Safe for Long After a 25% Pump?
C98 has already moved ~25% from recent lows, and now price is hovering near a key decision zone. Here’s the technical view 👇
🔹 Current Structure:
Price is trying to hold above short-term support around $0.0255–$0.026. This zone is acting as a base after the recent bounce.
🔹 Trend Signal:
SAR dots just flipped below price → indicates early bullish momentum, but not a confirmed breakout yet.
🔹 Volume Insight:
Buying volume is still moderate, not explosive — meaning this looks like accumulation, not a full rally phase.
📈 Bullish Scenario:
If C98 sustains above $0.027, next resistance levels:
➡️ $0.029
➡️ $0.032
📉 Risk Zone:
If price drops below $0.025, momentum can weaken and retest $0.022 support.
⚠️ Important:
After a 25% move, entering blindly is risky. Best strategy is:
• Wait for pullback to support OR
• Enter only after confirmed breakout with volume.
💡 Summary:
C98 is NOT in a strong uptrend yet — it’s in a recovery phase. Safe long = only with confirmation.
DYOR | Manage Risk | Trade Smart 🚀
#c98 #cryptotrading #altcoins #BinanceSquare #CryptoAnalys
