#chainbase and $C @Chainbase Official
C is trading at $0.2542, down 8.92% in the last 24 hours. After peaking at $0.75, the token has steadily declined, now down over 65% from its high. The Parabolic SAR at 0.4975 continues to signal bearish momentum, with no reversal yet. Daily volume remains moderate at 31.63M C, but buying interest is weak as reflected in a 7-day loss of 22.11%.
The daily candles show a pattern of consistent lower highs and lower lows. The token is currently stuck below both the MA(5) and MA(10), with MA(5) at 25.6M and MA(10) at 53M, showing a clear downtrend.
Key support lies around $0.22, with major resistance at $0.30. Bulls need a strong breakout above $0.285–$0.30 to flip sentiment. Until then, the trend favors sellers
Before trading, always do your own research and verify everything yourself. Never rely blindly—make informed decisions
