📉 $C98 / USDT – Descending Wedge Breakout Setup 📈

Timeframe: 1D | Exchange: Binance

C98 is currently trading inside a classic descending wedge — a historically reliable bullish reversal pattern.

🔻 Support Zone: $0.048 – $0.055

📌 Holding this zone is critical to maintain the bullish setup.

🔺 Bullish Scenario:

A confirmed breakout above the wedge (ideally with strong volume) could target:

• $0.080

• $0.120

• Possibly even $0.300 over the long term

That’s a potential 140–150%+ upside.

⚠️ Bearish Invalidation:

A decisive breakdown below $0.048 would invalidate the bullish thesis, signaling increased risk of further downside.

📊 Watch closely for a volume-backed breakout or breakdown confirmation.

Not financial advice – for educational and technical analysis purposes.

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