🚀 $C98 /USDT: BUILDING STEAM BEYOND $0.06❓⚡
C98 has broken out decisively from its recent base, rallying from $0.0507 to trade around $0.0631 a +22.5% surge that highlights renewed bullish conviction.
🔥🔥 Key Observations:
Accumulation & Reversal:
Price found firm support at $0.0507, marking the end of selling pressure and setting the stage for a rebound.
EMA Alignment:
The EMA(7) $0.0594, EMA(25) $0.0557, and EMA(99) $0.0532 are all sloping upward and stacked in bullish order, confirming trend strength.
Volume Confirmation:
With 119.4 M C98 traded (and 7.11 M USDT volume), this move is backed by substantial liquidity—key for sustainability.
✅ Immediate Thresholds:
Resistance: The 24h high at $0.0640 is the next hurdle. A clean break above would open the path to fresh highs.
Dynamic Support: The EMAs especially the 7-period at $0.0594 should provide a floor on any pullback.
C98’s momentum looks robust, but healthy uptrends often pause to retest key levels.
