🚨 $C / USDT Market Recap.
Chainbase's $C launched with fire, hitting highs above $0.73 in its early trading days, but the momentum didn’t last. With the hype cooling and sell pressure from early airdrop recipients, #C has slowly bled out, now trading around $0.243. It's been a slow grind down, but not uncommon for tokens post-listing.
The question now: has it finally found its floor?
📌 Key Levels:
🔻Support sits around $0.24–0.25, a level it’s repeatedly tested this week.
🔺Resistance stands near $0.30, with stronger supply zones around $0.42–0.50.
📉 RSI signals oversold conditions,momentum's weak, but it’s also where turnarounds start.
👀 Points To NOTE:
#chainbase isn’t dead, far from it. With just a fraction of the supply circulating and institutional names backing the vision, $C still has long-term weight. But in the short term, it's a waiting game, and all eyes are on whether this level holds or breaks.