$C98 /USDT BEARISH OUTLOOK – DEFI TOKEN LOSING SUPPORT!
$C98 /USDT is currently trading at $0.0589, down -6.06%, and struggling to hold above short-term support. The DeFi token is showing consistent lower highs, indicating weak momentum and a possible breakdown if $0.0573 fails.
KEY LEVELS
Current Price: $0.0589
Resistance Levels:
• $0.0600 – Minor Resistance
• $0.0640 – 24h High / Strong Resistance
Support Levels:
• $0.0573 – Immediate Support
• $0.0540 – Key Breakdown Level
• $0.0500 – Strong Psychological Support
SHORT TRADE SETUP
Entry: $0.0580 – On break below $0.0573
Take Profits (TP):
• TP1: $0.0540
• TP2: $0.0500
Stop Loss (SL): $0.0610 – Above minor resistance
RISK MANAGEMENT
Risk only 1-2% of total capital
Use tight SL to prevent deep losses
Avoid overexposure – follow trend confirmation
$C98 is nearing a critical breakdown zone. A drop below $0.0573 could trigger a fast fall toward $0.0500. Watch the price action closely!
#C98
#DeFi #BearishSignal #ShortTrade #CryptoAnalysis #Write2Earn! $C98