🚀 Chainbase Analysis ($C /USDT) 4H frame — Recovery Signal But Still Needs a Breakthrough Decision

After a deep correction, the price of Chainbase is showing signs of recovery, currently trading around $0.3017 after bouncing back from a recent low. Buyers are beginning to show signs of returning, but for the upward trend to be confirmed, the price needs to conquer some key resistance levels.
🎯 Important Resistance Zones to Note
1️⃣ $0.3230 — Resistance zone MA 99, playing the role of "trend shaping" on the 4H frame. This is the first door that the buyers need to open to start a new bullish wave.
2️⃣ $0.3550 — The nearest swing high before the price was rejected. Breaking through here will reinforce market confidence.
3️⃣ $0.4200 — Strong supply zone from the previous uptrend, likely to see profit-taking selling pressure when the price returns.
🛡️ Important Support Zones
1️⃣ $0.2890 — The MA 25 zone is currently acting as short-term support. If it holds, the price may continue to challenge the resistance above.
2️⃣ $0.2670 — The most recent weekly bottom. Losing this level will significantly weaken market sentiment.
3️⃣ $0.2300 — "The final fortress" of the bulls. If it breaks, the medium-term uptrend structure will be broken.
📊 Trading Perspective:
Currently, the priority is to observe the price reaction at the $0.3230 level. Only when the 4H candle closes above this mark will the bullish trend have clear confirmation, opening up opportunities to advance towards higher targets. Until then, a prudent strategy is to remain cautious and closely monitor the fluctuations. @ChainbaseHQ #Chainbase
⚔️ In summary: The buyers have returned to the battlefield, but the real "battle" has just begun.