$C98 /USDT Breakout – New Long Trade Setup
#C98 has spiked to $0.0518, gaining strong momentum after breaking through key resistance at $0.0485. The 1-hour chart shows a clear bullish breakout above $0.0510, backed by strong volume.
Trade Setup:
Timeframe: 1H
Entry Zone: $0.0505 – $0.0515
Support: $0.0485
Resistance: $0.0519
Stop Loss: Below $0.0480
Targets:
TP1: $0.0530
TP2: $0.0542
TP3: $0.0558
Trade Rationale:
This breakout follows a period of consolidation, now supported by increasing volume and a bullish price structure. With momentum on its side and a favorable entry near the breakout zone, this setup presents a strong risk-reward opportunity if the trend continues upward.