$C98 Continuous Downward Trend!!!
The four-hour chart for the C98/USDT pair shows a continuation of the downward trend, with the price stabilizing below the resistance level of $0.0360.
A break below the support level of $0.0355 may lead to further declines, targeting $0.0353 and $0.0350.
However, a breakout above the resistance level of $0.0360 could lead to a rise towards $0.0365 and $0.0370. Monitor the trading volume and order book activity for confirmation.
Key Levels:
Support: $0.0355 - $0.0356 (Current lowest price and current supply levels)
Resistance: $0.0360 - $0.0365 (Previous lowest price and current supply levels)
Bearish Scenario:
Target 1: $0.0353 (Break below the support level of $0.0355)
Target 2: $0.0350 (Next significant support level)
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Bullish Scenario:
Target 1: $0.0365 (Break above the resistance level of $0.0360)
Target 2: $0.0370 (Next significant resistance level)