$C 🚀 BULLISH MOMENTUM 🔥
Market Situation
Current Price: $0.2918 USDT
24h Volume: ~$9.17M USDT ≈ ~$32M USD across multiple platforms (including Binance)
Recent Price Range: 7‑day trading between ~$0.27 and ~$0.45, with a current downtrend from recent highs near $0.45
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🔢 Fibonacci Retracement Levels
Based on swing low at $0.270 → high at $0.450:
Fibonacci Level Price Level Significance
0.236 $0.426 Minor resistance
0.382 $0.401 Intermediate resistance
0.5 $0.360 Mid‑retracement pivot
0.618 $0.325 Key support zone
1.0 $0.270 Full retracement invalidation
🎯 Trade Setups
🟢 1. Pullback Long (Conservative Entry)
Buy Zone: $0.325 – $0.360
Entry Trigger: Bullish reversal candle + RSI bounce above 40 (confirm on 1H/4H chart)
Targets:
T1: $0.360 (Fib 0.5)
T2: $0.401 (Fib 0.382)
Stop‑Loss: Below $0.320 (just under Fib 0.618)
Reasoning: Buying into structural support zone with defined risk
Disclaimer
> This content is for educational purposes only and does not constitute financial advice. Chainbase Token (C) is a volatile, mid-cap altcoin. Always conduct your own due diligence (DYOR), use stop-losses, and manage risk properly. Trade only with capital you can afford to lose.