C98 / TetherUS
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C98USDT — Descending Wedge & High R/R Zone

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Based on the current structure, C98USDT is moving within a descending wedge, approaching zones that align with early investor positions.

🔍 What I’m seeing:
  • Potential drop into the range of a previous horizontal channel - marked on the chart.
  • We've already reached the Strategic Round level; below that is the Seed Round.
  • Assuming the project isn’t abandoned, it makes sense to expect investor defense in this zone.
  • From what I observe, there's likely accumulation happening from weak hands - at a discount.


🛡️ Approach:
As I’ve said before - you can’t treat coins like this in isolation.
They should be traded as part of a group of low-liquidity tokens, with proper risk management.
You can’t know in advance which one will “survive” without insider info from the team.
So the key is having a solid strategy and managing your portfolio and risk wisely.

📈 Targets:
  • Potential breakout targets from the wedge are marked on the chart.
  • If the market remains weak, I’ve noted a lower zone where consolidation might occur (sideways chop within a horizontal channel).


💭 Opinion:
The market is “paused” and waiting for a catalyst. You can’t rush it.
But zones like the current one on C98USDT seem attractive in terms of risk/reward.
The goal isn’t to guess - it’s to follow a pre-built strategy and stay focused.

📌 As always, this is not financial advice. Just my personal take and observations on the structure.
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The price is still in accumulation. A deep capitulation — a channel beneath a channel. In such zones, retail traders don’t build positions; it’s just too scary.

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