🔹 Over 600K followers on Twitter — strong social presence
– Listed on Coinbase, which adds major credibility
– Down more than -99% from ATH
🔍 Technical Overview:
– Classic altcoin structure: channel breakdown → sideways consolidation → renewed drop into capitulation zone
– Currently forming a falling wedge, with a possible double bottom
– If no bounce — further decline toward the $0.027 zone remains possible, and typical for such assets
🎯 Key Insight:
No confirmed reversal yet — but wedge formation and deep zone may offer opportunities for position building via average entry.
Don’t chase bottoms — focus on risk-managed entries.
▪️ C98 is highly dependent on the overall alt-season dynamics
▪️ The sideways movement may drag on
▪️ False breakouts before the real movement are not excluded
– Listed on Coinbase, which adds major credibility
– Down more than -99% from ATH
🔍 Technical Overview:
– Classic altcoin structure: channel breakdown → sideways consolidation → renewed drop into capitulation zone
– Currently forming a falling wedge, with a possible double bottom
– If no bounce — further decline toward the $0.027 zone remains possible, and typical for such assets
🎯 Key Insight:
No confirmed reversal yet — but wedge formation and deep zone may offer opportunities for position building via average entry.
Don’t chase bottoms — focus on risk-managed entries.
▪️ C98 is highly dependent on the overall alt-season dynamics
▪️ The sideways movement may drag on
▪️ False breakouts before the real movement are not excluded
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