๐ Trade Alert: $C โ Momentum in Play
Chainbase ($C) is trading at $0.32, up ~13% last week after the Binance listing and retro airdrop buzz
๐น Key Zones (4H Chart):
โข Support: $0.28โ$0.30 (buyers stepping in post-breakout)
โข Resistance: $0.35โ$0.36 (recent high)
๐ Momentum Insight: Volume remains elevated (~$150โ$180โฏM daily). Price action is bullish above the 20-period MA (shortโterm trend intact)
๐ Trade Strategy:
โข Buy the dip: $0.30โ$0.31 zone
โข Stopโloss: below $0.28
โข Target 1: $0.35 (resistance zone)
โข Target 2 (extension): $0.40โ$0.45 if breakout holds
โ ๏ธ Risk Note: A drop below $0.28 could retrace toward $0.25
๐ Tip: Watch for a bounce from support on volume confirmation for the best entry.
