😱 Is C98 crashing to the bottom or is it bouncing back with a surprise trick? 💰✨
🔎 On the 4-hour chart, it is clear that C98/USDT is trapped within a descending triangle with a critical support base at 0.0492–0.0496. This pattern often heralds a bearish wave 🔻, but holding the 61.8% Fibonacci level could trigger a short upward bounce.
📉 Negative scenario: Breaking below 0.0490 could open the way towards 0.0465 and then 0.0430.
📈 Positive scenario: A strong close above 0.0505 could provide an upward push towards 0.0526–0.0557.
⚖️ The overall bias remains bearish as long as the price is below 0.0536.
💡 Recommendation: Watch the support closely... a break could mean more bloodshed, while stability could be a quick opportunity for a rise.
❓ In your opinion… are we witnessing a dramatic collapse or a bounce that deceives everyone? 👀
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