【
$C98 Signal】Long | Healthy Pullback After Explosive Breakout
After completing a volume breakout on the 4-hour chart,
$C98 is consolidating in a narrow range above the previous high resistance zone. Price action indicates that buying pressure is continuously absorbing selling pressure in the 0.0278-0.0280 range, forming a healthy reset. The funding rate is significantly negative (-0.4933%), indicating strong bearish sentiment, fueling a short squeeze. Order book depth shows massive buy support below 0.0278-0.0280, while selling pressure above is relatively light.
🎯 Direction: Long
🎯 Entry: