$C98 — strong impulse move followed by controlled consolidation, sellers losing momentum at support.
Long $C98
Entry: 0.0225 – 0.0232
(current consolidation base / demand zone)
SL: 0.0215
(below consolidation low — loss of structure)
TP1: 0.0250
(range high / first reaction zone)
TP2: 0.0285 – 0.0295
(previous distribution area)
TP3: 0.0315 – 0.0325
(24h high / liquidity sweep)
Trade idea:
After a strong expansion from ~0.0167 to 0.0321, price has transitioned into healthy consolidation, not panic selling. Volume is cooling, volatility is compressing, and downside attempts are being absorbed around 0.022–0.023, suggesting re-accumulation. As long as price holds above 0.0215, structure remains intact and continuation toward the highs is favored.
Momentum reset + base holding = bullish continuation setup.
Trade $C98 here 👇
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