๐ $C /USDT โ MARKET OUTLOOK
Chainbase is facing notable market pressure after its recent decline, but the chart is shaping up for a decisive move. Buyers are trying to defend the 0.198โ0.202 support zone, while sellers continue to test the upper boundary near 0.217โ0.220.
๐ Highlights:
Support holding strong around 0.198โ0.202
Resistance forming at 0.217โ0.220
Liquidity and volume growth suggest a breakout is coming soon
โก If bulls manage to reclaim resistance, momentum could push $C higher in the short term. On the flip side, a breakdown below support might trigger another leg down.
The next few sessions will be crucial in deciding whether C continues its correction or flips into recovery mode.
#C #Chainbase #Binance #Crypto #Altcoins ๐๐ฅ