$C Chainbase (C) rebounds after correction, consolidating around $0.230
Chainbase (C) has shown a positive performance over the past 24 hours. After a sharp pullback from the $0.236 peak, the price quickly stabilized and rebounded to the $0.230 zone, signaling steady short-term demand that supports its growth channel.
On the 15-minute chart, Chainbase displays a “V-shape recovery” pattern, with increasing trading volume, especially during upward moves. The short-term support level at $0.222 is holding well, while the immediate resistance stands at $0.236. A breakout above this level could reinforce the bullish trend further.
Technical indicators strengthen this view: RSI is approaching 60, showing renewed buying momentum, while MACD has formed a short-term bullish divergence. If this continues, Chainbase may extend gains toward the $0.240 - $0.245 range in the coming sessions.
Do you think Chainbase has enough momentum to break this resistance and start a new rally?
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