Summary
$C Price is testing the short-term support area — neutral bias → bullish if holding above 0.1969 and a strong breakout past 0.2352.
• Current price ~0.21 USDT; the token has been listed on many major exchanges.
• Fundamental: Chainbase (C) is an on-chain data infrastructure token serving the data/AI ecosystem.
Analysis
Short-term bias: neutral–bullish — action: Support: 0.1969 (short-term) / Resistance: 0.2352 (near) → 0.2882 (previous supply area). RSI 4h ~56 — neutral; overall volume remains weak after the recent bounce → a breakout with follow-through volume is needed for confirmation. Fundamentally, the project has a data infrastructure profile (positive narrative) but liquidity and flows from exchanges/whales still need to be monitored.
Strategy
Entry A (breakout): buy on exploration when 4h closes > 0.2352 with increased volume.
Stop-loss (mandatory): 0.1960 (below clear support).
TP1: 0.288 (previous supply area); TP2: 0.465 if momentum is strong and breakout continues.
Entry B (dip): consider buying when pullback to 0.1969–0.205 with rejection candle/increased volume; SL if 4h closes < 0.1830.
Exit triggers: large CEX inflows, sudden whale sell-off, or negative news about network/liquidity.
