#chainbase and $C @Chainbase Official

The technical picture for $C remains weak. It’s now sitting at $0.2542, struggling to hold the lower end of its recent range. The Parabolic SAR continues downward, and candles are below both moving averages — classic signs of continued bearish pressure.

What’s alarming is the declining trading volume. The 24h volume (USDT) is just 8.44M, far from the spike seen during the initial pump. This indicates diminishing interest from both retail and whales.

The recent price action shows rejection at the MA(10), now sitting at 53M, with no signs of accumulation. The sharp fall from $0.75 to $0.15, followed by weak attempts at recovery, confirms a lack of bullish conviction.

Unless price reclaims $0.265–$0.27, momentum stays in favor of the bears. A dip below $0.25 could open the door to test the psychological level at $0.20 or even revisit the low at $0.153.

🔸 Until buying strength and volume return, this trend may continue sliding slowly downward.

🔍 Stay cautious — RSI, MACD, and trend confirmation needed for any bullish setup.

Before jumping into a trade, make sure you've done proper research. Don’t trust blindly—check the facts and decide wisely. Your financial safety depends on it