🚀 Chainbase ( $C /USDT) 4H Outlook
Price is attempting a recovery, currently trading at $0.3017 after bouncing from recent lows. Bulls show early signs of life, but key levels must break to confirm momentum.
🎯 Resistance Levels:
1️⃣ $0.3230 — MA 99 resistance zone, trend-defining.
2️⃣ $0.3550 — Local swing high before last rejection.
3️⃣ $0.4200 — Strong supply area from previous rally.
🛡️ Support Levels:
1️⃣ $0.2890 — MA 25 zone, now acting as short-term support.
2️⃣ $0.2670 — Weekly low area.
3️⃣ $0.2300 — Last defense from buyers; losing this could break the structure.
📊 Bias: Watching for a breakout above $0.3230 to flip bullish.
Until then — cautious optimism. ⚔️
