Chainbase ($C) Trading Analysis (July 23, 2025)
Price Overview: Chainbase ($C) trades at $0.465 on Binance, reflecting a nearly 50% surge driven by the Mainnet “C‑Chain” launch and cross-chain bridge integrations with Ethereum and BNB Smart Chain. Trading activity has nearly doubled, signaling robust market interest.
Buy Zones: Primary Buy: $0.37–$0.39. This range aligns with the 61.8% to 50% Fibonacci retracement levels from the rally ($0.31 to $0.465). A pullback here could draw buyers if volume supports a reversal.
Secondary Buy: $0.40–$0.42. Stability above $0.40 suggests sustained bullish momentum, offering a lower-risk entry point.
Sell Zones: Primary Sell: $0.46–$0.48. Near the recent high, this zone may see profit-taking. Resistance could halt gains unless buying pressure persists.
Secondary Sell: $0.50–$0.52. A breakout above $0.48 might target $0.50, a psychological level, though overbought conditions could cap upside.
Technical Indicators: The 15-minute chart reveals a breakout with strong volume. Moving averages (MA7 > MA25 > MA99 > MA200) confirm short-term bullish momentum, but an RSI nearing overbought levels hints at a possible pullback.Key Levels: Monitor $0.3688 (previous resistance, now potential support) and $0.50 (psychological resistance).
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