๐ $C /USDT Technical Analysis
#Chainbase is trading around $0.2200, showing the first signs of a bounce after a long downtrend. Price is still under the 99-MA ($0.2540), which is the main resistance to flip bullish.
๐ก๏ธ Support Levels
Support 1: $0.21 (short-term base)
Support 2: $0.20 (psychological & strong demand zone)
๐ฏ Targets (Upside Scenarios)
Target 1: $0.25 โ
Target 2: $0.30 โก
Target 3: $0.35 ๐
๐ Strategy
If price holds above $0.21โ$0.22, upside momentum could lift it toward $0.25.
At Target 1 ($0.25) โ sell 1/3 of your position ๐ฐ to secure early profits.
Hold the remaining position for $0.30 and $0.35 if bullish momentum continues ๐.
If price breaks below $0.20, bearish pressure may push it lower โ best to place a stop-loss under $0.20 โ ๏ธ.
โ๏ธ Summary: C/USDT is trying to recover. A push above $0.25 would confirm trend reversal, opening the path toward $0.30โ$0.35. Losing $0.20 would cancel the bullish scenario.
