The price $C remains below all key moving averages (7-day SMA: $0.205, 30-day SMA: $0.253). RSI14 at 42.26 indicates slight oversold conditions, but the MACD divergence (-0.0014) signals weak momentum.$C
The increase over the last 24 hours is more of a correction than the beginning of a trend reversal. Fibonacci levels show strong resistance at $0.246 (38.2% retracement level) — this is 27% above current prices and will require significant improvement in fundamentals.#Chainbase @Chainbase Official