$C /USDT — Setup Before the Breakout?
🌐 Analysis of a New Infrastructure Token Listed on Binance
🧱 Fundamentals:
📌 What is $C?
C/USDT is a newly listed infrastructure token on Binance. Tokens in this category often play vital roles in the Web3 stack, such as:
Decentralized storage
Computing resources
Layer 1/Layer 2 solutions
DePIN and zero-knowledge tech
🔍 Why the Buzz?
📊 Daily trading volume: ~$25M in C and ~$6.8M in USDT — clear signs that institutional interest is present.
💡 Infrastructure projects tend to receive strong backing even in bear markets, often gaining momentum during recovery phases.
📈 On-Balance Volume (OBV) is rising during price consolidation — suggesting stealth accumulation and growing underlying demand.
📉 Technical View (4H Chart):
An ascending wedge pattern is visible — often a bearish signal, especially after strong upward moves.
🔍 Pattern Breakdown:
Upper boundary: ~$0.38–0.39
Broken support: ~$0.26
Current price: $0.2882 — may retest former support zone
Volume is declining — a common sign before a trend shift
❗️The wedge has broken downward, but without heavy sell pressure — this could either be a false breakdown or the start of a consolidation/cooling period.
📌 What’s Next?
🟢 Bullish Scenario:
Price holds above $0.29–0.30
Volume starts increasing
Potential rally back to $0.38–0.42
🔴 Bearish Scenario:
Price dips below $0.26
Possible drop to $0.22–0.20
If momentum fades completely, expect sideways or low-level accumulation
The market is at a decision point — cooling off or gearing up for another move.
