$C98 is currently navigating a bearish market structure with a price of 0.0624 USDT, nearing a crucial support level at 0.0618 USDT. With the RSI at 34.26, the asset appears oversold, suggesting a potential for a rebound. A breakout strategy may benefit traders if it surpasses resistance at 0.0733 USDT. However, caution is warranted due to macroeconomic events and Bitcoin’s volatility, which could influence trading sentiment adversely.
