$C /USDT (Chainbase) – 4H Chartprice: $0.2045
📊 Technical Overview
MA7 = $0.2387, MA25 = $0.2544, MA99 = $0.2729
→ Price is below all key moving averages, showing a strong downtrend, but also signaling oversold conditions.
C has been in a steady decline since late July, but now forming a potential bottom base between $0.18 – $0.21.
Recent candles show buying reaction from $0.20, meaning this level is acting as critical support.
🛡️ Key Supports
Support 1: $0.20 (psychological + structural base)
Support 2: $0.185
Support 3: $0.165 (must hold for long-term trend)
🎯 Upside Targets (if rebound continues)
Target 1: $0.23 (MA7 / first resistance)
Target 2: $0.25 – $0.26 (MA25 zone 🚧)
Target 3: $0.28 (MA99 major resistance)
Extended Bull Target: $0.34 – $0.38 (trend reversal zone)
Moonshot: $0.47 – $0.50 (would require strong breakout 📈🔥)
📝 Trade Setup Idea
Entry Zone: $0.20 – $0.21 (accumulation area)
TP1: $0.23
TP2: $0.26
TP3: $0.28 – $0.34
Stop-loss: below $0.185 ⚠️
⚡ Summary: Chainbase ($C) is in a heavy downtrend, but now sitting on strong support at $0.20. If bulls reclaim $0.23–0.25, momentum could build towards $0.28+. A confirmed breakout over $0.28 would flip the structure bullish.
