$C98 /USDT is under heavy pressure as price trades around 0.0248, marking a sharp daily drop of nearly 7%. The market failed to hold above 0.0260 and continued forming lower highs and lower lows, confirming a short-term bearish trend. Price is trading below all key moving averages, with MA7 at 0.0249, MA25 at 0.0254, and MA99 at 0.0262, showing strong overhead resistance. The recent bounce from 0.0246 looks weak and corrective, while volume remains low, signaling lack of strong buyer interest. As long as price stays below 0.0255–0.0260, downside risk remains high, with 0.0245 as immediate support and a breakdown potentially opening further losses. Bears are still in control unless a strong reclaim with volume appears.
C98USDT
Perp
0.0233
-7.90%
