🔥 $C98 Bullish Recovery, Key Resistance Test Ahead
C98 is showing a strong recovery move from the recent bottom, forming a higher low structure, which hints at short-term bullish control. However, price is now approaching a major resistance zone, where reaction is expected.
🔍 Market Structure
Clear bounce from 0.0157 low, followed by higher highs and higher lows.
Price is consolidating after a sharp upside push → healthy bullish pause.
Structure remains bullish above 0.0300, but rejection near resistance could cause pullback.
🎯 Key Levels
Support Zones:
0.0300 – 0.0290 → Strong intraday support
0.0275 – 0.0265 → Demand zone
Resistance Zones:
0.0345 – 0.0355 → Major supply & rejection zone
0.0380 – 0.0400 → Breakout continuation area
📊 Volume Analysis
Strong volume spike during the upside move confirms active buyer participation.
Current consolidation shows declining volume, suggesting possible breakout or pullback setup.
A volume expansion above 0.0355 can trigger the next bullish leg 🚀
📌 Outlook
C98 remains bullish in short-term structure, but price is near critical resistance. A clean breakout above 0.0355 may lead to trend continuation, while rejection could offer healthy pullback buying zones. Trade carefully and manage risk.