๐ฅ $C98 Pumping +14%! Rebound or Bull Trap? ๐ฅ
The Chart Donโt Lie! ๐.
After a long period of consolidation in a descending wedge, Coin98 (C98) is finally showing some teeth! Weโve seen a sudden 14% surge in the last 24 hours, fueled by massive oversold signals on the CCI and RSI.
Why is C98 waking up right now? ๐
Strategic Shift: The recent joint venture (G98) and the MOU with Tether are positioning Coin98 as a cornerstone of Vietnamโs national digital infrastructure. ๐ป๐ณ
100% Unlocked: Tokenomics alert! C98 is now fully unlocked, meaning the heavy "VC dump" pressure is largely a thing of the past. ๐
Technical Bounce: We just touched a historic "capitulation zone" at $0.018. When a coin is this oversold, the bounce back is usually violent.
Key Levels to Watch:
๐ฏ Target 1: $0.0228 (Immediate resistance)
๐ฏ Target 2: $0.0250 (Previous breakdown zone)
๐ก๏ธ Support: $0.0183 (Must hold to keep the momentum)
My Take: C98 is shifting from a simple wallet to a regulated financial powerhouse. While the trend is still fighting to turn bullish on the macro, this local strength is hard to ignore.
What do you think, Binancians? Are you riding this bounce to the moon ๐ or waiting for a cleaner breakout above the 50-day MA? Let me know your targets below! ๐
#C98 #Coin98 #CryptoAnalysis #BinanceSquare #Altcoins
