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C98USDT
Perp
0.0239
-4.01%
THE BEARISH BREAKDOWN is CONFIRMED on the $C98 / USDT 4H Chart
Momentum has clearly flipped bearish as price confirms a major breakdown after failing to hold higher levels. The chart shows a well-defined rounding top formed over recent weeks, a classic reversal structure. Price has now broken below the neckline and is trading near 0.0263, confirming a loss of bullish control. This structural failure signals strong bearish momentum, with sellers firmly in charge and focus shifting toward the next major support zone. Adding to the weakness, C98 is trading below both its 7-day and 30-day SMAs, reinforcing the bearish bias.
Trade Setup (Short)
Entry: 0.0263 – 0.0268
Stop-Loss: 0.0273
Target 1: 0.0245
Target 2: 0.0235
Target 3: 0.0200
$C98
{future}(C98USDT)
Momentum has clearly flipped bearish as price confirms a major breakdown after failing to hold higher levels. The chart shows a well-defined rounding top formed over recent weeks, a classic reversal structure. Price has now broken below the neckline and is trading near 0.0263, confirming a loss of bullish control. This structural failure signals strong bearish momentum, with sellers firmly in charge and focus shifting toward the next major support zone. Adding to the weakness, C98 is trading below both its 7-day and 30-day SMAs, reinforcing the bearish bias.
Trade Setup (Short)
Entry: 0.0263 – 0.0268
Stop-Loss: 0.0273
Target 1: 0.0245
Target 2: 0.0235
Target 3: 0.0200
$C98
{future}(C98USDT)
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