Chainbase ($C) Key Support Levels and Contract Opening Points:
Current Price: $0.1959
24-Hour Trading Volume: $16,677,124
Market Capitalization: $31,349,386
7-Day Price Decline: -4.29%
30-Day Price Decline: -45.61%
Support Level Analysis:
Due to a significant decline over the past 30 days, the key short-term support levels are usually at previous lows or areas of high trading volume.
Based on the current price, the $0.18-$0.20 range serves as the short-term support zone.
If it falls below $0.18, the next support is around $0.15;
Contract Opening Points:
Aggressive: You can attempt to open a small long position in the $0.18-$0.20 range, with a stop loss set below $0.17.
Conservative: Wait for the price to stabilize after a pullback in the $0.15-$0.16 range before considering a long position. If the price rebounds, short-term resistance is in the $0.22-$0.25 range, which can serve as a take-profit or short position reference.
Label @Chainbase Official Tag #chainbase $C