$C98 /USDT PARABOLIC MOVE, NOW COOLING DOWN
$C98 exploded from the $0.015–0.016 base with a strong impulsive candle, showing aggressive spot buying and short covering. Price extended fast into the $0.032 area, where heavy profit-taking kicked in. Since then, we’re seeing a controlled pullback, not a full breakdown candles are smaller, selling pressure is slowing and structure is still holding above the breakout zone.
This looks like a classic post-pump consolidation. As long as price holds above the $0.022–0.023 support, the bias stays bullish and a continuation leg remains possible. A loss of that zone would signal deeper retracement.
Trade Setup (bullish continuation)
Entry: 0.0229 – 0.0243
TP1: 0.0280
TP2: 0.0300
TP3: 0.0345
SL: 0.0206
Risk management: after a sharp pump, volatility stays high. Scale in, secure partials early and don’t over-leverage.
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