1. Summary

$C strong/bearish after the airdrop/listing; short-term bias neutral→cautious — probing buy when retesting 0.213–0.223 and has confirmed volume. (Listing + airdrop on Binance creates significant volatility).

@Chainbase Official #chainbase

2. Market overview

Token benefits from cash flow into the AI/DataFi/Base-ecosystem sector at listing, but high volatility and profit-taking after airdrop are the main factors influencing price.

3. Technical analysis

1H Bias: side/slightly down after peak of 0.2748; near support: ~0.2135, resistance: 0.235–0.2415; neutral RSI (~45–50) — needs volume to confirm any sustainable bounce.

4. Fundamental analysis

Tokenomics: total supply ~1,000M, circulating ~160M (initially), so there is still dilution risk according to the vesting schedule — token functions include staking/governance/utility for the data network.

5. Sentiment analysis

Current sentiment shifts from hype to caution: many sell to take profits after airdrop/listing, initial volume high then retracts — signs of lack of follow-through.

6. Strategy

  • Entry probe: 0.213–0.223 after retest and confirmed volume increase.

  • Stop-loss: set below 0.209 (below the low of 0.2135 to avoid fakeout).

  • TP1: 0.2415 (near resistance); TP2: 0.2748 if breakout and follow-through volume.

  • Early exit (trigger): breaks below 0.2135 or any bounce lacking volume — at that point, take partial profits.

  • Risk notice: monitor unlock/vesting schedules and profit-taking moves from airdrop/seed holders.