$C98 /USDT Trade Setup (4H)
Market Insight:
$C98 has dropped sharply by -5.63%, retracing from a local high of $0.0656 to $0.0570. Volume is moderate but declining relative to the MA(5) and MA(10), signaling weakening momentum. Price is near the 4H demand zone and may attempt a short-term bounce if buyers step in.
Entry Zone:
$0.0535 – $0.0570
(Consider scaling entries closer to the 4H low support)
Targets:
🎯 Target 1: $0.0612
🎯 Target 2: $0.0637
🎯 Target 3: $0.0656
Stop Loss:
$0.0520 (below the 24h low and recent wick support)
Key Levels:
Support: $0.0542 / $0.0536
Resistance: $0.0612 / $0.0637 / $0.0656
Pivot Zone: $0.0586
Pro Tip:
C98 is in a potential bounce zone but still inside a broader downtrend. Avoid chasing if volume doesn’t pick up on the next 4H candle. Look for a bullish engulfing or strong reversal wick near $0.054–$0.055 before committing fully to a long.
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