$C (Chainbase) – 4H Chartprice: $ 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