$C98
Bullish reversal for the C98 USD/USDT pair from $0.0596 - buyers are showing vital signs! The C98 USD/USDT pair is attempting a short-term bullish reversal after defending the key support level at $0.0596. The 30-minute chart shows a shift in price structure with higher lows forming and a strong green candle breaking the secondary resistance level near $0.0620.
Although the overall trend has been under pressure, this recent rebound indicates a shift in momentum, which could pave the way for a local rise.
The long-term trading setup becomes attractive upon confirmation above $0.0628,
with short-term targets at $0.0644, $0.0661, and $0.0685.
A precautionary stop loss should be placed below $0.0604 to limit exposure to a downturn in case the reversal fails.
If the bulls maintain upward pressure, this recovery may extend, especially if trading volume rises towards the resistance area at $0.0640.
Outlook:
Early signs of reversal are appearing; watch for confirmation above $0.0628 to affirm bullish intent.
Order: Keep an early watch on the curve - C98 is reversing its direction!