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C98 $0.01360: +5.34% Day, Spiked From $0.01182 Low. Break $0.01433 or Back to $0.01331?
Quick Look
C98 is at $0.01360, up 5.34% today. 24h range: $0.01291 to $0.01433. Flow hit 2.33M C98 / $32.32K. After basing at $0.01182, C98 ripped 21% in 2 days to $0.01433 and is now pulling back. Perp at $0.01369, +6.21%, runs slightly ahead of spot.
What The Chart Says: Trend Flip Attempt Underway
1. 4h Golden Cross Forming: MA5 $0.01365, MA10 $0.01332, MA30 $0.01293. MA5 crossed above MA10 and MA30. Price sits just under MA5. This is the first bullish MA stack since the drop from $0.01481. 2. Breakout + Backtest: C98 broke the downtrend from $0.01481 and surged past $0.01331. It tagged $0.01433 then pulled back to retest MA5 $0.01365. That retest is key. Hold it, and the move continues. 3. Flow Spike Confirms Move: Last candle shows flow spike to 1.47M, well above MA5 flow 457.07K and MA10 237.94K. That’s real buy flow, not a low-liquidity wick. But current candle is red with lower flow — normal pullback so far. 4. Still 8% Below June High: $0.01481 top from late June is overhead. Between here and there is $0.01421 and $0.01433 24h high. Break $0.01433 with flow and $0.01481 opens.
Key Levels
The line to hold is $0.01365, the MA5. Below it sits $0.01332 MA10, then $0.01331 prior breakout level and $0.01293 MA30.
If Bulls Win: A 4h close over $0.01365 with rising flow opens $0.01421 → $0.01433 → $0.01481. Break $0.01481 and the downtrend from June officially flips. Next is $0.01510+.
If Bears Step In: Lose $0.01360 and $0.01332 MA10 is next. Under that, $0.01331 must hold or this was a fakeout. Break $0.01331 and $0.01293 MA30 comes fast. If $0.01293 fails, $0.01241 and $0.01182 lows are back on deck.
Game Plan
Aggressive: Buy dips to $0.01365–$0.01360 MA5 zone. Stop under $0.01330. Target $0.01421, then $0.01433.
Safe: Wait for a 4h close above $0.01435 with flow expansion. Then aim for $0.01481 and $0.01510.
Risk Off: If $0.01331 fails, step aside. Next solid bid zone is $0.01293 to $0.01240.
Bottom Line: C98 just broke its 4h downtrend with a 21% run on real flow. MA5 > MA10 > MA30 is a bull setup. But price is backtesting $0.01365. Hold it, and $0.01433 to $0.01481 opens. Lose $0.01331, and this was a fake breakout back to $0.01293 and $0.01182.
Did you catch the move from $0.01182 or waiting for $0.01433 to break? What’s your level? Drop it below.
$C98 #Coin98 #C98 #Crypto