Chainbase (C/USDC) – Eyeing a Breakout! 🚀
Chainbase is consolidating strongly, forming higher lows and holding firm above its key moving averages. The 200 MA support near 0.2980 is providing a solid base, signaling potential for an upside breakout.
Targets 🎯:
Target 1: 0.3550
Target 2: 0.3850
Target 3: 0.4250
Support Levels 🛡️:
Main Support Zone: 0.3180 – 0.3220
Critical Support (Stop-Loss): 0.2980
If Chainbase sustains above 0.3220, the bullish bias stays strong. A decisive break above 0.3550 could fuel momentum toward higher targets.
⚠️ Disclaimer: This is not financial advice. Always DYOR and manage your risk.