๐ $C /USDT โ DETAILED TECHNICAL ANALYSIS & FORECAST
1. Market Overview
$C is showing a modest but steady upward push, currently trading around 0.2727 after testing a high of 0.2748 in the past 24 hours. The asset has rebounded from a solid short-term support at 0.2556, indicating buyers are stepping in to defend lower levels.
2. Support & Resistance Levels
Immediate Resistance: 0.2748 (intraday high)
Next Resistance Zone: 0.2780 โ 0.2820 (watch for rejection or breakout confirmation)
Immediate Support: 0.2690
Key Support Zone: 0.2556 (previous daily low, strong defense area)
3. Volume & Momentum
24h volume is steady at 34.63M C (9.15M USDT equivalent), suggesting healthy liquidity.
Momentum indicators (like RSI) are likely in mid-to-upper range, signaling mild bullish bias without extreme overbought conditions.
The gradual slope in price increases, paired with higher lows, suggests accumulation.
4. Short-Term Outlook (1โ3 Days)
If buyers maintain control above 0.2690, we could see an attempt to break 0.2748 and push toward the 0.2780โ0.2820 zone. A clean close above 0.2820 would confirm bullish continuation, possibly targeting 0.2900 next.
๐ Chainbase Overview
Chainbase is a high-performance decentralized data infrastructure platform built to solve the toughest challenges in Web3 data storage, indexing, and querying. By enabling real-time data access across multiple blockchains with lightning-fast query speeds, Chainbase empowers developers, DApps, and enterprises to build scalable, data-driven solutions without relying on centralized intermediaries. Its native token $C powers network operations, incentivizes participation, and maintains data integrity and availability. As Web3 continues to grow, Chainbaseโs infrastructure positions it as a backbone for next-generation decentralized applications.