Here’s a full technical analysis of the chainbase coin C/USDT 4H chart you shared:
📊 Current Price & Change
Price: $0.3273
24h Change: +21.22%
24h High: $0.3500
24h Low: $0.2620
🕰️ Chart Timeframe: 4H (Short-term trading window)
🔍 Key Technical Levels
Support zone: $0.2620 – $0.2900
Resistance zone: $0.3500 – $0.3850
Previous spike high: $0.7500 (Unlikely to revisit immediately)
Recent bottom: $0.1530
📈 Trend & Moving Averages
MA(7): $0.2916 → Price is trading above the 7-period MA, indicating short-term bullish momentum.
MA(25) & MA(99): Not shown, likely irrelevant or too early to calculate with low data.
📉 Volume Analysis
Strong green volume bars on the last few candles.
Volume spike during the recovery suggests buying pressure is building.
🔁 RSI (Relative Strength Index)
RSI(6): 66.34 (approaching overbought)
RSI(12): 42.93 (neutral zone)
Conclusion: Mild bullish momentum, but entering a caution zone.
🔥 Pattern Observation
Double bottom or rounding bottom pattern is visible between $0.1530 and $0.2900 → indicates potential reversal.
Breakout from consolidation range is happening above $0.30.
📌 Short-Term Outlook (Next 1–3 Days)
Bullish Bias, with possible targets:
First Target: $0.3500 (resistance)
Second Target: $0.3850
If volume sustains and breaks $0.3850 → we could see $0.45 - $0.50 next.
⚠️ But expect possible pullbacks to:
$0.30 or even $0.28 (healthy retest levels)
✅ Trading Strategy Suggestion
Position Price Action
Buy on Dip Around $0.30–$0.31 (support + MA bounce)
Sell Target 1 $0.35
Sell Target 2 $0.3850
Stop Loss Below $0.28 (MA support break)