1. Summary

$C is trading at ~$0.219 after a strong bounce with a volume spike; short-term bias leans long if volume continues. • Price: $0.219; catalyst: new listing & attention from major exchanges.

2. Analysis

Chart 1H: price just broke through the short-term downtrend and bounced through the 0.205–0.219 range, hitting short resistance ~0.223–0.235; MA7 > MA25 but still around MA99, RSI ~48–52 (neutral → slightly warm) and has a volume spike confirming initial momentum — follow-through volume is needed for sustainability. Fundamental: C (Chainbase) is a new project widely listed on Binance/majors, circulating supply ~160M and small market cap → high liquidity/volatility; listing-driven flows & early airdrops/airdrop-like events may continue to attract volume but there is also a risk of selling when holders take profits.

3. Strategy

Entry:

• Scenario A (Breakout): enter when 1H closes > $0.236–$0.238 with volume > 40% MA20 (confirms breakout). Use limit/close-based entry to avoid slippage.

• Scenario B (Pullback): sniper buy $0.205–$0.215 if there is wick rejection + 1H bullish reversal; add if it holds above $0.192–$0.195.

Stop-loss (mandatory): $0.188 (below recent swing low $0.191 — place below to avoid noise sweep).

Take-profit: TP1 = $0.235–$0.238 (first resistance); TP2 = $0.274–$0.279 (previous peak / 'no-ship' zone). If breakout occurs but volume is weak, lower TP1 to $0.223–$0.225 to preserve capital.

Exit triggers: large unlock/vesting event, sudden large CEX inflows/whale transfers, or RSI 1H >80 with decreasing volume → exit quickly. Use probe/limit orders; avoid market orders if liquidity is low. @Chainbase Official #chainbase