$C98 Bearish Trend Continues
Current Price: $0.0357
24h High: $0.0416
24h Low: $0.0356
24h Volume (C98): 51.28M
24h Volume (USDT): $1.96M
Key Levels:
Support: $0.0355 - $0.0356 (recent lows and current bid levels)
Resistance: $0.0360 - $0.0365 (previous highs and current ask levels)
Bearish Scenario:
Target 1: $0.0353 (break below $0.0355 support)
Target 2: $0.0350 (next significant support level)
Bullish Scenario:
Target 1: $0.0365 (break above $0.0360 resistance)
Target 2: $0.0370 (next significant resistance level)
The C98/USDT 4-hour chart shows a continuation of the bearish trend, with the price holding below the $0.0360 resistance level. A break below $0.0355 support could lead to further declines, targeting $0.0353 and $0.0350. However, a break above $0.0360 resistance could trigger a rally towards $0.0365 and $0.0370. Monitor volume and order book activity for confirmation.