🚨 $C98 /USDT – DeFi Pullback or Setup for a Bounce? 🚨
📉 Price: $0.0416 (-1.89%)
📊 24h Range: $0.0410 – $0.0435
💵 Volume: 23.34M C98 | 986K USDT
📈 EMA Overview:
• EMA(7): 0.0418 ❌
• EMA(25): 0.0426 ❌
• EMA(99): 0.0448 ❌
Price is trading below all major EMAs, indicating short-term bearish pressure.
🎯 Trade Plan (Reversal Setup):
✅ Entry Zone: $0.0410 – $0.0416
🎯 TP1: $0.0435
🎯 TP2: $0.0455
🛡 SL: $0.0402
📌 Market Insight:
C98 is in a corrective dip after testing $0.0435. If $0.0410 holds as support, expect a bounce. Volume remains healthy—ideal for short-term scalps or trend reversals.
🔍 Watch For: A bullish engulfing candle or EMA crossover on the 1H chart to confirm entry 📊