Technical analysis by Traders_Notes about Symbol C98 on 6/12/2025

🔹 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