🚨 $C98 / USDT – Bounce or Breakdown? Decision Point Approaching! ⚖️📉📈
$C98 is currently trading at $0.0584, up +1.57% on the day after bouncing off the 24h low of $0.0568. Despite recent weakness, bulls are attempting a short-term reversal from oversold levels.
📊 Trade Setup:
Entry Zone: $0.0575 – $0.0590
Take Profit Targets:
TP1: $0.0605
TP2: $0.0630
TP3: $0.0655
Stop Loss: $0.0555
The 4H chart shows a minor recovery, but momentum is still fragile. If $C98 reclaims $0.0600 and closes above it, this could validate a stronger rebound setup.
⚠️ Pro Tip: Wait for a bullish engulfing or breakout above $0.0598 (24h high) before entering with size. Risk management is key in choppy zones like this.
