#C98USDT Ready for a Bullish Breakout or Further Downward Move?

27 ביולי

Yello! Are you ready for an exciting move in the C98USDT market? Let's look at the detailed analysis of the #Coin98 and see what will happen ahead:

💎Currently, C98 is compressed within a falling wedge pattern, a classic bullish reversal signal. But what makes us confident in an upcoming breakout? It's the combination of increasing trading volume and improving macro market sentiment.

💎The 20EMA is on the verge of crossing a significant threshold and the Point of Control (POC) of VPVR is acting as a robust support, bolstering our bullish outlook.

💎However, there's always a plan B in trading. If C98 gets rejected at the upper trend line of the wedge, we might see a retest of the major support zone around $0.148. This level has consistently provided strong support and is rich with liquidity.

💎Should C98 fail to bounce back from the $0.148 support, our eyes will be on the next critical level at $0.131. Historically, this level has been a stronghold, and the probability of a rebound here is notably higher.

💎But remember, if C98 breaks below these key support levels, the bears might take control, potentially leading to a bearish continuation.

As always, trade smart and stay updated with the latest market insights.

MyCryptoParadise
iFeel the success🌴