C98 is experiencing another round of accumulation following its recent pullback, as per cookie de mike's market analysis. Buyer demand remains strong, with support emerging quickly each time the price softens. The C98USDT perpetual contract shows no signs of heavy distribution, suggesting steady positioning by market participants rather than weakening interest.

If you're looking to trade this setup, here are the key levels based on technical analysis:

**Entry Zone**: $0.0298 – $0.0312
**Stop Loss**: $0.0284
**Take Profit Targets**:
- TP1: $0.0335
- TP2: $0.0365
- TP3: $0.0400

Current Price: $0.03 (down 4.25% in 24h)

The absorption of downside moves and increasingly early buyer reactions suggest the momentum could continue higher if demand persists. The cookie de mike perspective highlights that this flow pattern resembles accumulation rather than distribution, a positive signal for potential upside. Risk management is key—stick to your stop loss at $0.0284 to protect against a breakdown scenario.