#chainbase and $C @Chainbase Official 📉 C/USDT Technical Overview (4H)

C is currently trading at 0.2360, showing a -6.76% drop in the last 24 hours. After hitting the recent low of 0.2223, the price has been consolidating in a narrow range, indicating possible accumulation.

The MA(7) at 0.2389 is acting as near-term resistance, while the MA(25) at 0.2545 remains a major hurdle for bullish recovery. The volume spike during the sell-off suggests strong selling pressure, but the current low volume may signal a pause before the next big move.

A breakout above 0.2389 could push the price towards 0.2450–0.2500, while failure to hold 0.2223 may trigger further downside.

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