C98/USDT: Massive Triangle Breakout! Bulls are Back?

Technical Analysis:
On the 4-hour and Daily charts, Coin98 (C98) has just successfully broken out of a long-term Ascending Triangle pattern. This is a very strong bullish signal as the price has been consolidating for a while.

Key technical points:

Breakout Confirmed: The price has moved above the upper resistance of the triangle with decent volume.

RSI Strength: On the 1D timeframe, the RSI has crossed above the 50 level and is pointing upwards, indicating strong bullish momentum.

Target Levels: My primary targets are $0.05 and $0.07. If we flip the purple resistance zone into support, a rally towards $0.07 is highly likely.

Fundamental Outlook:
C98 is showing great potential, especially with its strong roots in the Vietnamese market. Positive news regarding major exchanges and increased adoption in Southeast Asia could act as a massive catalyst for this move. Additionally, Bitcoin's current stability is providing the perfect environment for "altcoin season" plays like this one.

Trading Strategy:

Entry: Current levels or on a successful retest of the triangle's upper boundary (~$0.028).

Stop-Loss: Close below the triangle's support to invalidate the setup.

Take Profit: $0.05 | $0.07

What do you think about this breakout? Let me know in the comments!