#chainbase and $C @Chainbase Official

Technical Analysis (1H & 4H)

📊 C/USDT Technical Overview

MA(7): 0.2309

MA(25): 0.2308

MA(99): 0.2286

Currently, the price is consolidating near short-term moving averages, while staying above the longer-term MA(99). This suggests that the market still holds a medium-term bullish bias, but faces heavy resistance on shorter timeframes.

🔍 Levels to Watch:

Immediate Resistance: 0.2334

Next Resistance: 0.2360 – 0.2380

Immediate Support: 0.2280

Major Support: 0.2227

⚡ 1H Chart: Price is ranging between 0.2290 – 0.2330, waiting for a breakout.

⚡ 4H Chart: Shows a descending channel, with 0.2334 acting as the upper boundary.

👉 Trading Plan:

Bullish Scenario: Break & close above 0.2334, targeting 0.2360 / 0.2380.

Bearish Scenario: Rejection from 0.2330s could bring a retest of 0.2280 – 0.2230 zone.

☞ Smart traders double-check everything. Don’t rely on hearsay—study the project, understand the risks, and then decide. Your future self will thank you.