#chainbase and $C @Chainbase Official

⚠️ C/USDT Price Action Update

The market has experienced a sharp drop from 0.2870 to 0.2223 within a short span, breaking multiple support levels. The 4H chart shows the price now hovering just below the 7-day MA, struggling to regain momentum.

RSI and MACD (not shown here) are likely in oversold zones, which could invite short-term buyers. However, the 99-day MA at 0.2730 is still far above the current level, reflecting a dominant bearish trend.

If bulls manage to defend 0.2300–0.2320, a short-term rebound may occur. Otherwise, further decline towards 0.2100 remains possible.

☞ Never trade based on hype alone. Always verify the information yourself. Informed decisions come from solid research—protect your capital.