\$C98 / USDT 1D Analysis

🪙 **Price Movement & Trend Overview**

\$C98 has shown some volatility recently, with a notable peak at \$0.181 on the daily chart. It’s now trading at \$0.0565 — a steep drop from its previous highs — and is hovering near a support zone around \$0.0532. The bullish momentum is relatively weak, with a score of 43/100.

🔄 **Momentum & Market Strength**

The StochRSI is currently overbought at 87.95, signaling a possible pullback ahead. Meanwhile, the ADX reading of 24.02 suggests a weak trend. However, the MA10 (\$0.0464) and MA50 (\$0.0479) are providing some underlying support, which could lead to a rebound if price approaches those levels.

📉 **Support & Resistance Zones**

Key resistance is around \$0.0621 (aligned with the trendline), with stronger resistance near recent highs. On the downside, \$0.0532 acts as critical support. A break below this could trigger more downside movement.

🎯 **Target & Risk Management**

A realistic upside target is a retest of the \$0.062 area. Traders should consider placing a stop-loss below \$0.053 to manage risk. Watch for price behavior near these levels for possible trade setups.

*This is AI-generated content and not financial advice. Always do your own research and invest responsibly.*

\$C98