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$BNB /USDT Showing Sideways Movement Around $600
Hey everyone,
Here's the latest update on the $BNB /USDT chart. The current price of Binance Coin is hovering around $599.99, showing a very slight increase of +0.05% recently.
Looking at the last 24 hours, BNB has ranged from a Low of $591.42 to a High of $604.44. The 24h Volume stands at 211,591.64 BNB, which translates to 126.96M in USDT.
The chart indicates that BNB has been trading in a relatively narrow sideways range, oscillating around the $600 mark. We can see some attempts to push higher, but they seem to be met with resistance around the $604 level. Similarly, the $591 level appears to be acting as a support.
Traders will likely be watching for a clear break out of this range to determine the next direction for BNB. A sustained move above $604 could signal further bullish momentum, while a drop below $591 might indicate a potential move downwards.
Key points to observe:
Resistance: The 24-hour high of $604.44 is the immediate resistance to watch.
Support: The 24-hour low of $591.42 is the key support level.
Momentum: The current momentum appears to be neutral, with price action staying within the established range.
What are your thoughts on BNB's current movement? Do you anticipate a breakout from this range soon, or will the sideways action continue? Share your analysis!
#bnb #USDT #Binance #Sideways
Hey everyone,
Here's the latest update on the $BNB /USDT chart. The current price of Binance Coin is hovering around $599.99, showing a very slight increase of +0.05% recently.
Looking at the last 24 hours, BNB has ranged from a Low of $591.42 to a High of $604.44. The 24h Volume stands at 211,591.64 BNB, which translates to 126.96M in USDT.
The chart indicates that BNB has been trading in a relatively narrow sideways range, oscillating around the $600 mark. We can see some attempts to push higher, but they seem to be met with resistance around the $604 level. Similarly, the $591 level appears to be acting as a support.
Traders will likely be watching for a clear break out of this range to determine the next direction for BNB. A sustained move above $604 could signal further bullish momentum, while a drop below $591 might indicate a potential move downwards.
Key points to observe:
Resistance: The 24-hour high of $604.44 is the immediate resistance to watch.
Support: The 24-hour low of $591.42 is the key support level.
Momentum: The current momentum appears to be neutral, with price action staying within the established range.
What are your thoughts on BNB's current movement? Do you anticipate a breakout from this range soon, or will the sideways action continue? Share your analysis!
#bnb #USDT #Binance #Sideways
🐾$DOGS Showing Modest Gains with Sideways Action on the 4-Hour Chart! 🐕
$DOGS is currently trading at $0.0001513, showing a modest +3.00% increase over the last 24 hours. Looking at the 4-hour chart, the price action appears to be relatively sideways, with the most recent candle showing a slight positive movement of +0.20%.
📊 Key Observations:
⬆️ 24h High: $0.0001555
⬇️ 24h Low: $0.0001397
💰 Current Price: $0.0001513
📈 Today's Performance: +3.85%
🟢 Recent 4h Change: +0.20%
🤔 What to Watch Closely?
The $0.0001550 level is acting as near-term resistance, representing the high of the last few 4-hour candles and close to the 24-hour high. On the downside, the $0.0001500 level appears to be providing immediate support. A break above the resistance could signal renewed bullish momentum, while a break below support might lead to further consolidation or a move towards the 24-hour low. Trading volume remains relatively low, suggesting a lack of strong conviction in either direction at the moment.
⚠️ Given the sideways action, be prepared for potential range-bound trading. Trade cautiously and manage your risk.
➡️ Buy and Trade $DOGS here! [Link to DOGS/USDT on Binance]
#DOGS #Trading #Altcoin #Sideways #Consolidation
$DOGS is currently trading at $0.0001513, showing a modest +3.00% increase over the last 24 hours. Looking at the 4-hour chart, the price action appears to be relatively sideways, with the most recent candle showing a slight positive movement of +0.20%.
📊 Key Observations:
⬆️ 24h High: $0.0001555
⬇️ 24h Low: $0.0001397
💰 Current Price: $0.0001513
📈 Today's Performance: +3.85%
🟢 Recent 4h Change: +0.20%
🤔 What to Watch Closely?
The $0.0001550 level is acting as near-term resistance, representing the high of the last few 4-hour candles and close to the 24-hour high. On the downside, the $0.0001500 level appears to be providing immediate support. A break above the resistance could signal renewed bullish momentum, while a break below support might lead to further consolidation or a move towards the 24-hour low. Trading volume remains relatively low, suggesting a lack of strong conviction in either direction at the moment.
⚠️ Given the sideways action, be prepared for potential range-bound trading. Trade cautiously and manage your risk.
➡️ Buy and Trade $DOGS here! [Link to DOGS/USDT on Binance]
#DOGS #Trading #Altcoin #Sideways #Consolidation
$QKC / USDT Showing Sideways Movement After Recent Pump 🔄
Current Price: $0.007759
Key Observations:
* Slight Daily Decrease: $QKC / USDT is down a marginal -0.40% today, indicating a slight pullback after recent activity.
* Minimal Movement on the 4-Hour Chart: Looking at the 4-hour timeframe, the price is showing very little movement, currently at $0.007759 with a tiny +0.12% increase. This suggests consolidation after a previous upward move.
* Moderate Trading Volume: The 24-hour volume for QKC is 39.36M, which is moderate but lower than some of the other pairs we've looked at tonight.
* Trading Within Recent Range: The price is currently trading within the range established by the recent high of $0.007923 and low of $0.007668.
Potential Outlook:
The sideways movement after a notable pump often indicates a period of consolidation before the next potential move. Keep an eye on whether $QKC can break out of this current range. Given it's quite late here, volatility might be lower. Remember to always conduct your own thorough research (DYOR) and trade cautiously.
What are your thoughts on QKC's current consolidation? Do you anticipate a breakout soon, and in which direction? Let's share our perspectives! 👇
#QKC #USDT #Trading #Sideways #Consolidation
Current Price: $0.007759
Key Observations:
* Slight Daily Decrease: $QKC / USDT is down a marginal -0.40% today, indicating a slight pullback after recent activity.
* Minimal Movement on the 4-Hour Chart: Looking at the 4-hour timeframe, the price is showing very little movement, currently at $0.007759 with a tiny +0.12% increase. This suggests consolidation after a previous upward move.
* Moderate Trading Volume: The 24-hour volume for QKC is 39.36M, which is moderate but lower than some of the other pairs we've looked at tonight.
* Trading Within Recent Range: The price is currently trading within the range established by the recent high of $0.007923 and low of $0.007668.
Potential Outlook:
The sideways movement after a notable pump often indicates a period of consolidation before the next potential move. Keep an eye on whether $QKC can break out of this current range. Given it's quite late here, volatility might be lower. Remember to always conduct your own thorough research (DYOR) and trade cautiously.
What are your thoughts on QKC's current consolidation? Do you anticipate a breakout soon, and in which direction? Let's share our perspectives! 👇
#QKC #USDT #Trading #Sideways #Consolidation
Exactly 4 years ago. Similar #consolidation , similar sentiment.
Last major #Sideways range before the crazy phase starts?
We'll see in due time. Once $BTC & $ETH are both back in price discovery make sure your #bags are packed.
#flyinghigh 🚀
Last major #Sideways range before the crazy phase starts?
We'll see in due time. Once $BTC & $ETH are both back in price discovery make sure your #bags are packed.
#flyinghigh 🚀
$HMSTR / USDT Showing Sideways Action After Volatility on Binance 📈
Hamster ( $HMSTR ) is currently trading at $0.002289 on Binance, showing minimal change (-0.04%) on the 4-hour chart and a slight decrease of 1.29% overall.
The 4-hour chart indicates a period of sideways consolidation after some recent volatility. The price is currently trading within a tight range, with the 24-hour high at $0.002409 and the 24-hour low at $0.002093. This suggests indecision in the market at the moment.
Watch for a potential breakout above the $0.002350 resistance level or a breakdown below the $0.002250 support level for a clearer indication of the next direction.
Key Levels to Watch:
Potential Support: $0.002250, $0.002200, $0.002093
Potential Resistance: $0.002350, $0.002400
Monitor volume for any significant increase that could signal the start of a new trend.
#HMSTR #Hamster #Gaming #Trading #Sideways
Hamster ( $HMSTR ) is currently trading at $0.002289 on Binance, showing minimal change (-0.04%) on the 4-hour chart and a slight decrease of 1.29% overall.
The 4-hour chart indicates a period of sideways consolidation after some recent volatility. The price is currently trading within a tight range, with the 24-hour high at $0.002409 and the 24-hour low at $0.002093. This suggests indecision in the market at the moment.
Watch for a potential breakout above the $0.002350 resistance level or a breakdown below the $0.002250 support level for a clearer indication of the next direction.
Key Levels to Watch:
Potential Support: $0.002250, $0.002200, $0.002093
Potential Resistance: $0.002350, $0.002400
Monitor volume for any significant increase that could signal the start of a new trend.
#HMSTR #Hamster #Gaming #Trading #Sideways
$GUN /USDT (Short-Term): Around $0.0480, neutral RSI (40). Highest probability target: continued sideways movement in the $0.0499 - $0.0521 range during the early morning hours in India. Watch for a breakout as Asian markets become more active.#Crypto #Sideways
$GUN /USDT (Next 4-8 Hrs - Morning IST):
Expecting potential for more directional movement with increased Asian trading volume. Holding $0.0499 could target $0.0532+. $GUN #Crypto #AsianMarket
$GUN /USDT (Next 4-8 Hrs - Morning IST):
Expecting potential for more directional movement with increased Asian trading volume. Holding $0.0499 could target $0.0532+. $GUN #Crypto #AsianMarket
$SUN / USDT Showing Sideways Movement Near Support on Binance 🔄
SUN Token ( $SUN ) is currently trading at $0.01612 on Binance, showing a slight decrease of 0.43% on the 4-hour chart and 2.48% overall.
The 4-hour chart indicates that the price is currently moving sideways, closely hovering around its 24-hour low of $0.01610. The 24-hour high reached $0.01677, showing the limited range of recent price action.
The immediate support level to watch is the 24-hour low. A break below this could lead to further downside. On the upside, resistance is likely around the $0.0163 - $0.0165 zone. A sustained move above this area would be needed to indicate a potential recovery.
Key Levels to Watch:
Potential Support: $0.01610
Potential Resistance: $0.0163, $0.0165, $0.01677
Traders should monitor price action and volume for signs of a breakout or breakdown from this tight range.
#SUN #SUNToken #Binance #Sideways #Support
SUN Token ( $SUN ) is currently trading at $0.01612 on Binance, showing a slight decrease of 0.43% on the 4-hour chart and 2.48% overall.
The 4-hour chart indicates that the price is currently moving sideways, closely hovering around its 24-hour low of $0.01610. The 24-hour high reached $0.01677, showing the limited range of recent price action.
The immediate support level to watch is the 24-hour low. A break below this could lead to further downside. On the upside, resistance is likely around the $0.0163 - $0.0165 zone. A sustained move above this area would be needed to indicate a potential recovery.
Key Levels to Watch:
Potential Support: $0.01610
Potential Resistance: $0.0163, $0.0165, $0.01677
Traders should monitor price action and volume for signs of a breakout or breakdown from this tight range.
#SUN #SUNToken #Binance #Sideways #Support
$SOL /USDT (Short-Term): Around $125.50, neutral RSI (49). Highest probability target: continued consolidation in the $125 - $126 range during the late evening IST. Watch for a break for more direction. #SOL #Crypto #Sideways
$SOL /USDT (Next 4-8 Hrs - Overnight IST): Expecting potential for more movement as the US session progresses overnight. Holding $125 could target $128+. Breaking below might see a move towards $124. Trade carefully through the night. #SOL #Crypto
$SOL /USDT (Next 4-8 Hrs - Overnight IST): Expecting potential for more movement as the US session progresses overnight. Holding $125 could target $128+. Breaking below might see a move towards $124. Trade carefully through the night. #SOL #Crypto
#BANANAS31USDT is trading at approximately $0.00505 USD, with a 24-hour trading volume of around $5.12 million USD and a market capitalization of $19.1 million USD .
Market Sentiment: The current market sentiment is bullish, with strong community interest and engagement.
Price Prediction: Forecasts suggest that the price could reach $0.006757 USD by 2025 ?
#sideways
$BANANAS31
Market Sentiment: The current market sentiment is bullish, with strong community interest and engagement.
Price Prediction: Forecasts suggest that the price could reach $0.006757 USD by 2025 ?
#sideways
$BANANAS31
🚨 Alert: #Bitcoin has just lost the $60K mark 🔻
Remember what i’d told ☹️? Yes, it is happening. Ladies and gentlemen, we’re are on #sideways to quick #correction . Please fasten your seatbelts. Strong supporting at $55K barrier ⚔️
Remember what i’d told ☹️? Yes, it is happening. Ladies and gentlemen, we’re are on #sideways to quick #correction . Please fasten your seatbelts. Strong supporting at $55K barrier ⚔️
🔥 Jun FOMC in a nutshell and the short-term #Bitcoin forecast until the end of 2024
- Rate cut decision: Was unchanged (As expected)
- Rate cut times in 2024: Most likely one, depends on the economic data
- Rate cut times in 2025: Increased to 4 times from 3 times in the previous plan
- Fed Chair's tone: NEUTRAL (No Hawkish - No Dovish)
- Fed Chair's outstanding confirmations: No Fed mems think about hiking rate. Fed will be taking action sooner whenever the economy starts sending some "unhealthy" signals. Fed doesn't need to wait for inflation to be pulled back to 2% to start the rate cut. May CPI was good
👉 Conclusion: Fed is still not confident to begin a new rate cut now and need more economy data, and that means upcoming CPI, PPI, and Jobs data are becoming more important than ever
Instant Effect:
- S&P500: Broke through 5,400 and reach new ATH
- NASDAQ: Broke through previous ATH and set new ATH
- DJIA: Closed with a slight dump of -0.09%
- $BTC surged to $70K after a very good CPI data but started dumping since the FOMC meeting was begun. It sometimes broke down $67K barrier and is now slightly above that price. But why it has been declining since then when it's supposed to have the same effect like Stock Market?
👉 The most appropriate answer probably comes from current investor perspectives which are seeing BTC price is at a high price and among record highs. That makes Stock Market has been become more attractive temporarily
👉 Therefore, BTC will go sideways to a quick correction for a while and will pump hard whenever economic data are negative. And if the inflation data continues to decrease, BTC would set at least two new ATHs from now till the end of 2024
👉 In case a quick correction happens, $55K is a strong barrier to stop the bears
- Trade Wisely and NFA -
- Rate cut decision: Was unchanged (As expected)
- Rate cut times in 2024: Most likely one, depends on the economic data
- Rate cut times in 2025: Increased to 4 times from 3 times in the previous plan
- Fed Chair's tone: NEUTRAL (No Hawkish - No Dovish)
- Fed Chair's outstanding confirmations: No Fed mems think about hiking rate. Fed will be taking action sooner whenever the economy starts sending some "unhealthy" signals. Fed doesn't need to wait for inflation to be pulled back to 2% to start the rate cut. May CPI was good
👉 Conclusion: Fed is still not confident to begin a new rate cut now and need more economy data, and that means upcoming CPI, PPI, and Jobs data are becoming more important than ever
Instant Effect:
- S&P500: Broke through 5,400 and reach new ATH
- NASDAQ: Broke through previous ATH and set new ATH
- DJIA: Closed with a slight dump of -0.09%
- $BTC surged to $70K after a very good CPI data but started dumping since the FOMC meeting was begun. It sometimes broke down $67K barrier and is now slightly above that price. But why it has been declining since then when it's supposed to have the same effect like Stock Market?
👉 The most appropriate answer probably comes from current investor perspectives which are seeing BTC price is at a high price and among record highs. That makes Stock Market has been become more attractive temporarily
👉 Therefore, BTC will go sideways to a quick correction for a while and will pump hard whenever economic data are negative. And if the inflation data continues to decrease, BTC would set at least two new ATHs from now till the end of 2024
👉 In case a quick correction happens, $55K is a strong barrier to stop the bears
- Trade Wisely and NFA -
$FARM /USDT (Short-Term): Around $27.96, neutral RSI (46). Highest probability target: continued sideways movement in the $27.9 - $28.0 range during the late afternoon/early evening hours in India. Watch for a break for more direction. #FARM #Crypto #Sideways
$FARM /USDT (Next 4-8 Hrs - Evening/Late Night IST): Expecting potential for more directional movement as the US trading session gets underway. Holding $27.9 could target $28.1+. Breaking below might see a move towards $27.8. Trade carefully as US markets open. #FARM #Crypto #USTrading
$FARM /USDT (Next 4-8 Hrs - Evening/Late Night IST): Expecting potential for more directional movement as the US trading session gets underway. Holding $27.9 could target $28.1+. Breaking below might see a move towards $27.8. Trade carefully as US markets open. #FARM #Crypto #USTrading
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