#chainbase and $C @Chainbase Official
After a recent rally, $C is experiencing a sharp correction on Binance, sliding to $0.237 from highs near $0.273. This 9% drop puts short-term trend support to the test. Intraday traders are eyeing $0.240 as the pivot level; holding above could trigger a rebound toward $0.25. Market sentiment remains cautious, with selling pressure outweighing buys. Volume patterns suggest that whales may be taking partial profits after the recent price surge. For swing traders, maintaining positions above $0.230 will be crucial to avoid a larger selloff. Momentum indicators lean bearish, but oversold conditions may spark a relief rally soon.
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