Traders_Notes

🔹 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

📍 The chart is forming a Livermore-style expanding wedge —a structure where each price swing grows wider, and volatility increases.📌 The current zone may be a key turning point for the trend.

🧠 Context:▪️ A "cup and handle" formation is developing — a classic bullish continuation structure.▪️ Price is consolidating just below the upper channel resistance, forming a local bull flag.▪️ ENS may follow ETH’s movement — or even outperform — due to its lower liquidity, offering potentially greater upside.📌 Key Notes:▪️ A breakout and hold above the $27–$30 zone could trigger a strong move.▪️ Target levels from the structure point toward the $47+ area.✅ Conclusion:ENS is shaping up as a high-reward candidate. With accumulation underway, limited liquidity, and a textbook cup & handle setup, this altcoin might be preparing for a major leg up — especially if ETH leads the way.

💬 My Take:The project has been overlooked for a while, but the current price structure suggests the story might not be over yet.Price action looks like it's setting up for a potential next leg — the only question is when the trigger comes.🎯 Conclusion:The market isn't giving a clear signal yet — but this zone is worth watching, offering a solid risk/reward setup for those entering now.Still, keep in mind: if the bearish scenario plays out, ICP could revisit the autumn 2023 lows. That risk must be factored into your strategy.

📉 Overview:Since its all-time high, ARB has dropped nearly 90%, continuing to move inside a well-defined descending channel.Currently, we’re seeing another phase of consolidation forming just under the midline of that channel.📌 Trade Setup:▪️ A partial entry is already possible at current levels.▪️ Keep in mind: price may revisit the $0.25 zone, potentially forming a double bottom — a strong technical base for a long setup.▪️ If price skips the retest and instead breaks and holds above $0.46, the remaining capital can be used to join the breakout from the channel’s core.🧠 Everything depends on your strategy and risk management. This isn’t financial advice — just a map for a possible direction worth tracking.🧱 Market Sentiment:Sentiment remains bearish, with many holders still trapped above $1 — a pattern similar across most L2 tokens.🎯 We don’t guess. We listen to price and react accordingly.

🔻 The price has dropped around –96% from its all-time high.That doesn’t guarantee a bottom — but further downside is no longer a given.🚫 Opening shorts in this zone looks questionable,especially considering the broader altcoin market structure.📊 A more strategic approach would be to trade from the average price,targeting a potential return to key resistance levels.🎯 A bullish scenario points toward a move to the top of the channel,with a potential +100% upside from current levels.🪙 Worth noting: a major token unlock took place back in April —those tokens are already in circulation, which reduces selling pressure.📌 Still, a drop to the lower channel support can’t be ruled out —this area should be considered in any risk-managed strategy.

A familiar cycle:▪️ Hype peak▪️ -80%+ crash▪️ Silence▪️ ConsolidationWe're likely somewhere between phase 3 and 4.Retail has moved on. Volume is dead.But the chart is quietly forming a structure.This is when real positions are built — the kind people tweet about after the breakout.While ETH is stuck in sideways motion, L2 narratives remain asleep.But not forever.Sooner or later, big players will return to the scalability game.And when they do — low-cap L2 tokens like this one get their second chance.The only question is:Will you be the one who sold the bottom,or the one who bought the silence?

🔻 Macro Trend:Since its launch, NOT has been moving steadily inside a descending channel, losing around 95% from the top.Currently, we’re seeing the second major consolidation zone forming — just like the first one earlier in the trend.🔄 What’s Next?We're at a crossroad:Either a third accumulation range is building inside the downtrend,Or this consolidation is setting the stage for a trend reversal.You can bet on either scenario — just make sure your risk management accounts for both.⚠️ Important Reminder:Assets like this don’t have a classic "bottom."⚔️ It's a high-risk zone, but the reward potential is also significant.🙂 Personally, I lean towards the bullish scenario.But let the market show its hand — we don’t trade hope, we trade price action.

The asset continues to trade within a broad descending channel. Currently, the price is approaching the upper boundary, sitting near the channel’s median line — a key level that often acts as support or resistance.Locally, a potential bullish flag pattern is forming, pointing toward the resistance zone. A breakout above this channel boundary could trigger a trend reversal to the upside.Long targets are marked on the chart. Keep in mind the alternative scenario: a rejection at resistance and a possible return to the channel’s lower boundary remain valid.Always practice proper risk managementThe asset is traded on multiple liquid exchanges, including Coinbase, which adds optimism to its potential outlook.

📎 Accumulation ObservedHighlighted zones show phases of accumulation — nothing unusual, just the market doing its thing.Opportunities exist while most focus on noise.While many chase short-term volatility, bigger players quietly build positions — turning cheap assets into expensive ones.📋 Some Principles Instead of Advice:🖇️ Risk isn’t found on the chart — it’s in your mind.If you’re still hunting for “will it dump or hold” zones, it’s time to tighten your money management.🖇️ Structure favors the buyer.The market is cheap. And as always: cheap eventually becomes expensive — it’s not a question of “if,” but “when.”🖇️ Drawdowns aren’t a tragedy.If losses break your system — the problem isn’t the chart, it’s the lack of one. Management and strategy are the only indicators you fully control.🔔 Like the idea if you find it useful. Share your thoughts in comments — strong zones aren’t debated, they’re confirmed by action.