The hype may have cooled, but eyes are still on #Chainbase ...After tagging $0.74 shortly post-launch, $C has taken a hard dive, now circling $0.25. Early hands likely took profits, and the airdrop exit wave didn’t help. But let’s be real, a steep correction isn’t always the end. Sometimes, it’s the build-up.
Current Technicals
📉 Price hovering near $0.24 support, with weak volume and fading momentum.
📊 RSI leaning oversold... pressure’s real, but bottom-fishers might start nibbling.
🔼 Next resistance to watch: $0.30 short-term, then $0.42-0.50 if bulls wake up.
Macro View
Only 16% of total supply is out, and Chainbase still rides the narrative wave of Web3 data infra + AI tooling. If sentiment shifts, $C could snap back quicker than expected but for now, caution stays in the driver's seat.
