1. Summary

Chainbase ($C ) previously had a strong increase after listing/launch campaigns and is currently trading around the 0.21–0.22 range; short-term bias is neutral–bearish if support is not maintained.

• Current price is around ~0.21–0.22 USDT.

• Catalyst: launch/listing, launchpool/drive for the ecosystem and the narrative 'hyperdata for AI'.

• prioritize waiting for a retest of support rather than entering aggressively.

@Chainbase Official #chainbase

2. Market overview

Initial cash flow from the listing and launch incentives created a liquidity spike, but volume has cooled — the market is now very sensitive to unlock schedules and flow from major exchanges.

3. Technical analysis

Short-term bias: neutral→mildly-bearish if support is broken; important support around ~0.213–0.210, near resistance ~0.235–0.241; RSI/MA on the chart shows buying pressure is not clear.

4. Fundamental analysis

C is the native token for Chainbase's data network (goal: hyperdata for AI), total supply of 1B with an initially lower circulating supply (need to monitor allocation/vesting schedule and ecosystem funds).

5. Sentiment analysis

Sentiment is currently shifting from hype to caution: holders are interested in utility and roadmap, traders are concerned about dilution from unlocks and lack of follow-through volume.

6. Strategy

  • Entry: explore buying small shares on retest of the 0.213–0.216 range with a confirming green candle; or wait for a breakout & retest above 0.242 to enter with momentum.

  • Stop-loss: set below ~0.209–0.208 (invalidating support around 0.213).

  • TP1: 0.265 — TP2: 0.320 (scale out based on volume and price reaction).

  • Early exit triggers: major unlock announcements according to the vesting schedule, or breakdown below 0.210 with strong selling volume.