$C MARKET SHIFT THE CAUTION TRAP AHEAD
$C Price: $0.2651
24h Volume: $15.05 Million
Key Levels:
Support: $0.2500, $0.2325
Resistance: $0.2720, $0.3000
The market for Chainbase is clearly bullish in the short term, breaking out from its accumulation base. However, there is a major caution trap ahead.
This is a low liquidity weekend pump heading directly into a massive wall of overhead supply from the previous crash. Bulls who chase this move risk becoming exit liquidity for trapped sellers around the $0.30 level for the $C token.
We are watching the price of #c closely. @chainbasehq #chainbase