š$C98 / USDT Market Update
Current Price: $0.1741
Change: +7.74% š
24H High: $0.1780
24H Low: $0.1575
$C98 has posted a strong gain of nearly 8% in the last 24 hours, catching traders' attention with a surge in momentum.
Key Chart Observations (15-Minute Timeframe):
Moving Averages (MAs):7-MA (yellow): $0.1746 ā currently slightly above the price, acting as short-term resistance.25-MA (pink): $0.1747 ā in line with the 7-MA, indicating consolidation near this range.99-MA (purple): $0.1696 ā holding steady, providing strong support for the longer trend.Support Levels:$0.1730 ā immediate support at recent consolidation.$0.1694 ā the base of the current uptrend and a significant safety zone.Resistance Levels:$0.1750 ā a minor obstacle to reclaim upward momentum.$0.1780 ā the 24-hour high, which could lead to a breakout if surpassed.
Volume Analysis:
C98 Volume: 29.91MUSDT Volume: 5.07M
The high trading volume reflects significant market interest, signaling strong buying activity.
š” Trading Strategy:
A successful breakout above $0.1750 could see C98 retesting $0.1780, with the potential for new highs.Traders may look for entries near $0.1730 for a lower-risk opportunity, with stops below $0.1694.
C98 is showing resilience and bullish intent. Will it continue to build momentum or encounter resistance at $0.1750? Let us know your thoughts and strategies below!
