$C98 BREAKS LOWER – NEW LOWS IN SIGHT IF SUPPORT FAILS
C98 is trading at $0.0584, down -6.86% today and struggling to hold its footing after breaking key intraday support. Momentum remains bearish with increased sell pressure.
Key Levels to Watch:
• Resistance: $0.0590 – $0.0600
• Support: $0.0580 – $0.0565
Trade Setup:
Bearish Scenario:
• Entry: Below $0.0580
• TP1: $0.0565
• TP2: $0.0550
• SL: Above $0.0590
Bullish Scenario:
• Entry: Above $0.0590
• TP1: $0.0600
• TP2: $0.0615
• SL: Below $0.0580
With volume spiking to 332.17K, sellers dominate the order book (63.76%). Any bounce may be short-lived unless bulls reclaim control above $0.0590.