Many are labeling this move a short-term recovery, but the 4H chart on $C98 /USDT suggests something far more tactical is unfolding.
$C98 – SHORT
Trade Plan:
Entry: 0.245 – 0.252
SL: 0.268
TP1: 0.232
TP2: 0.224
TP3: 0.210
What makes this setup stand out?
From a higher-timeframe perspective, the daily trend is still pointing south. Price remains capped below former support that has now flipped into resistance, keeping the broader bearish structure intact. On the 4H timeframe, the current advance looks corrective — a retracement rather than the start of a new uptrend.
Momentum indicators reinforce this view. Lower-timeframe RSI continues to underperform, with the 15-minute RSI failing to push into bullish territory and stalling around the low-40s. Buying pressure appears shallow, and rallies are losing strength quickly.
Why this zone matters
Price is now trading into a high-probability sell area, where previous supply has consistently pushed price lower. With downside liquidity sitting below recent lows, the path of least resistance remains downward.
Risk is clearly defined by the invalidation level, while targets align with structural support below. If the broader trend reasserts itself, C98 could roll over sharply from this region.
#c98 #PreciousMetalsTurbulence #BitcoinETFWatch
