š $C /USDT Technical Analysis
#Chainbase is trading around $0.2200, showing the first signs of a bounce after a long downtrend. Price is still under the 99-MA ($0.2540), which is the main resistance to flip bullish.
š”ļø Support Levels
Support 1: $0.21 (short-term base)
Support 2: $0.20 (psychological & strong demand zone)
šÆ Targets (Upside Scenarios)
Target 1: $0.25 ā
Target 2: $0.30 ā”
Target 3: $0.35 š
š Strategy
If price holds above $0.21ā$0.22, upside momentum could lift it toward $0.25.
At Target 1 ($0.25) ā sell 1/3 of your position š° to secure early profits.
Hold the remaining position for $0.30 and $0.35 if bullish momentum continues š.
If price breaks below $0.20, bearish pressure may push it lower ā best to place a stop-loss under $0.20 ā ļø.
āļø Summary: C/USDT is trying to recover. A push above $0.25 would confirm trend reversal, opening the path toward $0.30ā$0.35. Losing $0.20 would cancel the bullish scenario.