Coin 98 Is Recovering Towards $0.1000
Coin 98 (CNE) is rising by 1.5% to $0.0600, outperforming the broader crypto market, where Bitcoin (BTC) is declining by 0.2% to $118,997. Donald Trump’s announcement of a trade deal with the EU has lifted sentiment for risky assets, including cryptocurrencies. At the same time, retreating inflation risks are increasing expectations that the Federal Reserve may soon cut interest rates, providing a strong supportive backdrop for crypto prices.
CNE is holding firmly above the support level at $0.0500 and is building momentum toward the nearest resistance at $0.1000. However, this move is being constrained by a broader downtrend resistance, which could make a sustained breakout above that level more difficult to achieve.
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