$C98 is trading at $0.1749, showing an 8.77% gain in the last 24 hours. The price is near its 24-hour high of $0.1780, suggesting bullish momentum with potential for further upside if resistance is broken.

Trade Setup:

Long Setup:

Entry: Above $0.1780 (Breakout confirmation)

Stop Loss (SL): $0.1700

Take Profit 1 (TP1): $0.1850

Take Profit 2 (TP2): $0.1920

Short Setup:

Entry: Below $0.1700 (Breakdown confirmation)

Stop Loss (SL): $0.1750

Take Profit 1 (TP1): $0.1650

Take Profit 2 (TP2): $0.1580

Technical Outlook:

$C98 is consolidating below resistance, and a breakout above $0.1780 could confirm a bullish trend continuation targeting $0.1920. However, failure to hold above $0.1700 may signal a retracement toward lower support levels.

Traders should monitor volume closely for confirmation and apply disciplined stop-loss strategies to minimize risk.

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