$MKR BREAKOUT FROM THE SHADOWS WATCH THIS BULLISH ESCAPE❗❗$MKR has just smashed past $1,630 resistance and tapped $1,651, confirming strong buyer momentum. The trend on the 1H chart shows consistent higher lows and a fresh breakout candle bulls are clearly taking charge!
📊 LONG TRADE SETUP
• Entry Zone: $1,640 – $1,645
• TP1: $1,670
• TP2: $1,710
• TP3: $1,765
• Stop Loss: $1,610
As long as it holds above $1,630 with rising volume, $MKR is poised for a continuation rally. Eyes on the next leg!
{spot}(MKRUSDT)
I’ve followed $XRP closely for 5+ years
It’s one of the few tokens that survived brutal market cycles, SEC battles,and endless FUD — and it’s still here
That’s not luck
That’s real adoption in the background
While CT chases hype,Ripple’s building corridors,locking partnerships,and driving institutional volume in silence
You don’t need to be loud when the tech speaks for itself
Mark my words — utility is coming back into the spotlight
And $XRP will be in the front row
#XRP
SOPH Surges 14.71% as Bithumb Listing Sparks Major Trading Volume and Market Interest
Sophon (SOPH) is currently trading at $0.05950 on Binance, reflecting a 14.71% increase over the past 24 hours, with a 24-hour opening price of $0.05187 and a market capitalization of approximately $126.69 million. The recent price surge is primarily attributed to the announcement and commencement of SOPH trading on Bithumb, a major South Korean exchange, which has driven heightened market interest and trading activity. This follows SOPH's initial listings on major exchanges including Binance, and recent volatility linked to large token airdrops and sell-offs after launch. The token continues to experience significant price fluctuations as it gains exposure on additional platforms and as early distribution events impact market dynamics.
#Bitcoin Teeters at $106K While Momentum Indicators Flash Red
Bitcoin is approaching a critical technical juncture on the daily chart. Despite a brief recovery, $BTC continues to struggle below the $106K resistance zone, with momentum indicators pointing to indecision and exhaustion.
The MACD histogram has deepened in negative territory over several sessions, suggesting a weakening bullish trend and rising risk of reversal. At the same time, the RSI has hovered in neutral territory, reinforcing the narrative of a market in balance—neither overbought nor oversold.
Price is also trading below the 9-day EMA, and while it remains close to the 20-day EMA, the flattening slope suggests consolidation rather than upward continuation.
Traders should be watching the $106,133 level for a potential breakout confirmation. A close above could lead to a test of the $111,600 range. On the flip side, a loss of the $96K–$95.7K support band could trigger a deeper retracement.
As always, price structure, momentum, and confirmation from volume remain key to navigating the next #BTC move.
Read the full analysis: www.ecoinimist.com/2025/06/02/bitcoin-teeters-at-106-k
#TradeSignal #BitcoinForecast