Chainbase ($C ) hitting the reset… but is this the real accumulation zone for smart traders?
After a spectacular pump to $0.75, $C has gone through a sharp correction, settling around $0.25. Many see weakness here but experienced traders know that this kind of retracement on a new infrastructure project often hides the best opportunities.
🔍 Quick analysis:
The key support zone around $0.24–$0.25 is holding, even under selling pressure.
EMA(7) is still showing a bearish trend, but RSI(6) is deep in oversold territory (30), signaling a possible end to capitulation.
Steady volume: strong hands are quietly accumulating while the crowd stays fearful.
🎯 Game plan:
Interesting entry zone for swing traders: $0.24–$0.26.
Short/mid-term targets: $0.32 and then $0.38 (previous support levels).
Suggested stop-loss: below $0.23 to manage risk.
When everyone doubts, that’s often where the best entries are made… Institutional players never wait for new highs to take action!
👇 Ready to play the bounce? Comment “TRADE” and share your target for $C !
