⚠️ $C98 /USDT BEARISH BREAKDOWN ALERT! ⚠️
C98 is under heavy selling pressure, down -6.84% and trading at $0.0436 📉. With a consistent downtrend across all timeframes and failure to hold above short-term support, the market structure favors further downside unless bulls step in hard.
🔍 Key Levels:
📉 Support: $0.0430 (near 24h low, last defense)
📈 Resistance 1: $0.0455 (short-term resistance)
🧱 Resistance 2: $0.0471 (24h high, trend pivot)
📊 Volume Insight:
C98 Volume: 18.96M
USDT Volume: $849K
🔻 Low relative USDT volume + high selling pressure = caution for bulls.
🎯 Trade Setup – Short Entry
🔴 Entry Zone: $0.0438 – $0.0445
🎯 Targets (TP):
TP1: $0.0430
TP2: $0.0410
🛑 Stop Loss (SL): $0.0458
📉 Risk Management:
Use 2% max capital risk, maintain a 1:2 Risk/Reward, and watch for bounce traps or fakeouts. Stick to your plan and avoid emotional trades 🧠🛡️
🚨 Trend is weak, momentum fading — $C98 could retest lower levels if $0.0430 breaks! 🚨
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