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Trump: Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment
One positive news and markets turns bullish !!
#TrumpTariffs
#MarketRouteToRecovery
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Market Analysis of STO/USDT : Price at the moment is $0.1795, which represents a vast 15.96% increase in the last 24 hours, affirming a strong short-term trend driven by high trading volumes. The shortest and most immediate resistance is the 24-hour high of $0.1831, followed closely by the local high of yesterday around $0.1845 on October 12. A clear break and close through the $0.1845 level would be extremely bullish, indicating a strong breakout to fresh price levels. On the support front, the price has recently rebounded aggressively off the 24-hour low and key structural support at $0.1449. More instant and dynamic support appears in the moving averages, the 7-period MA being at $0.1642 and the 99-period MA at $0.1629 now serving as a combined strong support zone after the bullish cross. On a pullback, these moving averages are the key levels to defend to keep in place the current bullish setup; or else, testing of the $0.1449 floor could be in the offing. The direction of least resistance looks higher, but the response at the $0.1831 to $0.1845 resistance cluster will be crucial in the short term. #CryptoMarketAnalysis #Market_Update #sto $STO
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Market Analysis of EDU/USDT : EDU price is now at $0.1766, having made a stellar 24h gain of +16.41%! Referencing the chart, it can be observed that there is a huge level of support forming in the vicinity of $0.1505, which happens to be the 24h Low and managed to sustain as the price consolidated prior to its recent spike. Even stronger, we can look to the region where the 99-period Moving Average (MA(99)) is lagging, at $0.1388. This longer-term MA tends to serve as a dynamic support line, indicating a firm floor in the event of a retracement. Conversely, the near-term resistance stands at the $0.1840 level, the current 24h High. Decisive breaking above this price level would be a strongly bullish sign, potentially setting the stage for a continuation to new highs! With the strong momentum, as shown by the large volume spikes and the price well trading in advance of its shorter-term MAs (MA(7) of $0.1726 and MA(25) of $0.1661), the direction of arrows seems to be up. Traders need to observe how the price behaves with that $0.1840 level—a rejection would push it back to probe the $0.1726 short-term support, but a break could signal lift-off! #CryptoMarketAnalysis #EDUUSDT #Market_Update $EDU
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