$C98 is currently in a bearish market structure, trading at 0.046 USDT.
The support level at 0.0446 USDT may attract buyers, while resistance is noted at 0.051 USDT.
With an RSI of 28.11, C98 is approaching oversold territory, suggesting potential for a rebound.
A breakout strategy could be beneficial if it surpasses resistance.
However, risks persist due to Bitcoin's volatility and broader macroeconomic uncertainties.
